AEW Dynamite & Collision Preview: May 20, 2026 – Darby Allin Defends AEW World Title vs. "Speedball" Mike Bailey, Moxley vs. O'Reilly, FTR Puts Up Tag Titles vs. The Conglomeration, More

We begin AEW Double or Nothing Week with a LIVE 3-HOUR SPECIAL AEW Dynamite and Collision, LIVE, at 8 p.m. ET/7 p.m. CT on TBS and streaming on HBO Max from the Cross Insurance Arena in Portland, Maine. Even though we're just four days from Double or Nothing, the card could shift drastically, because both the AEW World Title and AEW World Tag Team Titles are on the line tonight!

Darby Allin has a chance to shave MJF bald on Sunday if he beats him to retain the AEW World Championship. However, that could all change if “Speedball” Mike Bailey takes the AEW World Title from Allin when they go one-on-one tonight in Allin’s seventh defense since winning the title just 35 days ago.

The Conglomeration will take on FTR for the AEW World Tag Team Championship tonight. Dax Harwood and Cash Wheeler can't look ahead to their New York Street Fight “I Quit” match against Christian Cage and Adam Copeland at Double or Nothing just yet. Will AEW World Trios Champions Orange Cassidy and Roderick Strong add even more gold to The Conglomeration?

And those two aren’t the only Conglomerators in action this evening. Kyle O’Reilly will try to take AEW Continental Champion Jon Moxley down once again in an Eliminator Match, and Mark Briscoe has a big score to settle with “Psycho Killer” Tommaso Ciampa in a match where anything goes.

Plus, an 8-Woman Tag Match features some of the best in AEW’s women’s division with multiple rivalries colliding, Jericho teams with the Young Bucks to face Ricochet, Andrade El Ídolo and AEW National Champion Mark Davis in a Stadium Stampede preview, and Will Ospreay battles The Opps’ Katsuyori Shibata.

All that and so much more is coming your way from Portland! Here's everything you need to know heading into this LIVE 3-HOUR SPECIAL.

AEW Dynamite & Collision Matches, Preview for Portland

AEW World Championship Match: Darby Allin (c) vs. "Speedball" Mike Bailey

Darby Allin said his title reign would last until his body gave out, and it almost did this past Saturday on Collision. Allin turned back Sammy Guevara to record his sixth AEW World Championship defense, surviving a violent No Countout match. Allin was barely able to stand when the AEW World Title was placed back in his hands after the exhausting victory.

Allin can’t and won’t be focusing on his Hair vs. Title match with MJF at Double or Nothing, though, because he had already accepted the challenge of "Speedball" Mike Bailey to face him tonight. Bailey is riding a three-match win streak and is clearly in top form heading into the biggest match of his career. Can Allin survive Speedball and walk into Double or Nothing still AEW World Champion, or does Bailey create the ultimate chaos of winning the AEW World Title in Portland?

8-Woman Tag Match: Triangle of Madness (AEW Women’s World Champion Thekla, Julia Hart and Skye Blue) & ROH Women’s World Champion Athena vs. Thunder Rosa, Mina Shirakawa & Brawling Birds (Jamie Hayter and Alex Windsor)

The AEW women's division is as chaotic as it's ever been heading into Double or Nothing, and this 8-Woman Tag Match brings multiple rivalries into one ring before some of them will meet again on Sunday, when AEW Women's World Champion Thekla will defend against Hikaru Shida, Kris Statlander and Jamie Hayter in a 4-Way at Double or Nothing. 

Windsor will also be in action at Double or Nothing against TBS Champion Willow Nightingale, but tonight, the Brawling Birds will get another chance to bring the fight to Triangle of Madness. Plus, Athena and Mina Shirakawa are also set to face off in a future Owen Cup quarterfinals match. Mix it all together, and you have one hell of an 8-Woman Tag Match!

AEW Continental Championship Eliminator Match: Jon Moxley (c) vs. AEW World Trios Champion Kyle O'Reilly

For all his wisdom and accomplishments, Jon Moxley has yet to figure out Kyle O’Reilly of late. Logic, as Moxley put it on Collision, would dictate that he stay as far away from O'Reilly as possible. After all, O’Reilly tapped him out the last two times they met: inside Blood and Guts last November and again 10 days later at Full Gear. However, Moxley injured O’Reilly in that match, which took him out of the Continental Classic, a tournament Moxley went on to win.

Tonight, O’Reilly gets Moxley in a Continental Championship Eliminator, and he plans on submitting Moxley again, which would earn him a future shot at the Continental Title. Is Moxley a different version of himself than he was six months ago, as he claims? O’Reilly will find out with a lot on the line.

AEW World Tag Team Championship Match: FTR (Dax Harwood and Cash Wheeler) (c) with Stokely vs. AEW World Trios Champions The Conglomeration (Orange Cassidy and Roderick Strong)

The Conglomeration earned this AEW World Tag Team Title match when Orange Cassidy beat Dax Harwood in a Double Jeopardy match two weeks ago. Now, Cassidy and Roderick Strong get their chance to add more gold to The Conglomeration..

Dax Harwood and Cash Wheeler are just days away from a scheduled AEW World Tag Team Championship defense in a New York Street Fight "I Quit" Match against Adam Copeland and Christian Cage at Double or Nothing – a match in which Copeland and Cage’s career together is at stake. At the same time, FTR have had more than a few run-ins with The Conglomeration. With their focus pulled in two directions, can the Top Guys handle one set of champions before they face a legendary pair in a deeply personal match on Sunday?

Will Ospreay vs. Katsuyori Shibata of The Opps

The Opps have made no secret that they weren’t happy being ignored by Ospreay, but when they tried to confront him on Dynamite last week, Ospreay got backup from the Death Riders. Ospreay finally addressed The Opps this past Saturday on Collision and made it clear that he’s doing what he has to become the guy he needs to be.

Tonight, Shibata will have a clear shot at Ospreay before Ospreay faces Samoa Joe in the Owen Cup quarterfinals at Double or Nothing. Shibata and Ospreay have split two previous singles encounters, with Ospreay winning the last match at the end of March 2024. Is Shibata treating this match as a chance to break the tie or soften up Ospreay for Joe on Sunday?

Trios Match: Ricochet & Don Callis Family’s Andrade El Ídolo and AEW National Champion Mark Davis vs. Jericho & Young Bucks (Matt and Nick Jackson)

Just days before they’re on opposite sides of Stadium Stampede at Double or Nothing, these six are set for a heated preview of what's to come in New York on Sunday. The issues between the two sides have only increased as rivalries have intersected, leading Ricochet to cut deals with Don Callis and Jericho to find help from The Hurt Syndicate and The Elite. 

These men will (hopefully) be confined to the ring tonight ,because on Sunday, they can do whatever they want in Louis Armstrong Stadium. Who will take the momentum into Double or Nothing?

Anything Goes Match: Mark Briscoe vs. "Psycho Killer" Tommaso Ciampa

Until last week, we hadn’t seen Mark Briscoe since Ciampa put him on the shelf with an Avalanche Psycho Driller through two chairs back in March. But on last week’s Dynamite, Briscoe made a surprise return and immediately called out Ciampa for a fight. 

Then, on this past weekend’s Collision, the two brawled from backstage to ringside, where a low blow by Ciampa nearly led to a repeat of the scenario that took Briscoe out back in March. Luckily, Orange Cassidy and Kyle O'Reilly ran out to make the save. But Briscoe had seen enough and said the only way to settle this was an Anything Goes Match! 

AEW Women’s World Tag Team Champions Divine Dominion’s Five-Minute Eliminator Challenge 

“Megasus” Megan Bayne and “Colossal” Lena Kross have said they will give a title shot to any team that lasts five minutes against them, and so far, no one has managed it. The dominant champions roll into Portland, daring a duo to try them – and try to survive five minutes.

Swerve Strickland Returns!

Strickland viciously ambushed ROH World Champion Bandido after the latter’s successful title defense over Blake Christian at Supercard of Honor over the weekend. The two are set to meet to open the Owen Cup at Double or Nothing, but what will Strickland’s presence bring to Portland tonight?

How to Watch AEW Dynamite & Collision

• Date: Wednesday, May 20, 2026

• Start Time: LIVE 3-HOUR SPECIAL 8 p.m. ET / 7 p.m. CT 

• Location: Cross Insurance Arena – Portland, Maine

• TV: TBS

• Streaming: HBO Max