There's no reason to put the ROH belt on Jericho again unless they are shopping ROH. Tony Khan turned down The CW in 2022 and may regret that now, as he wanted WBD to take on ROH with AEW.
Now that we know WBD isn't taking on ROH, it's only logical that he shops it elsewhere since he doesn't want to sunset the brand. I would try and get it on Tubi - which
is interested in pro wrestling - and possibly rename it to AEW: Ring of Honor so that you have the crossover brand effect. Tubi has 80m+ active monthly users now, which is about 12m more than cable.
If AEW were to get a presence on Max (confirmed), Tubi and possibly FOX (I'll believe this deal when I see it, and I'm talking FOX not FS1), then they're in new frontiers where they've had zero exposure. That would give them an opportunity to find new fans as opposed to being only on cable with its fast declining subscriber count. Cable has lost 50% of its audience in the last 10 years, there seems to be no floor for it, and you're not likely to find many new fans just being there.