What was shawn's announcment?

Question

is he retiring or not?

Answer 1

Hey retiring. Then Jerico punched his wife.

Answer 2

Coming out of the closet

Answer 3

He retired.

http://www.wwe.com/shows/summerslam/

TRUE KENNEDICT RIGHT HERE ♥

I ♥ Mr. Kennedy

Answer 4

Shawn Michaels comes out with his wife Rebeka. Shawn is wearing jeans and a sports coat. Loud chants for Michaels. Michaels says first of all that he would like to thank everyone that has supported them. His wife looks distraught. HBK says that he recently had an appointment to have a re-evaluation for his eye. He says that due to complications with his eye on top of problems with his knees and back - his doctor's recommendation was for him to walk away. Michaels says that the doctor said it was ultimately his decision. Michaels says that he and his wife have decided that it is time for him to heed the doctor's advise and walk away.

Michaels says he has had a wonderful career and that he regrets nothing. He talks about his first SummerSlam and thanks fans for letting him be the Heart Break Kid, the headliner, the show stopper, and even Mr. WrestleMania. He says he's known for other things such as s******g Bret Hart and forming DX. He says he's the guy that innovated the ladder match, lost his smile, and retired Ric Flair. He says now he will be known for something else - full time father and full time husband. HBK says he knows that this isn't going to be a popular decision but he knows that it is the right one. Jericho's music plays as the pyro explodes. Jericho comes out wearing a full suit and tie.

Jericho says 'No'. HBK asks him what he said - Jericho repeated him. Jericho said he's not going to let him retire. Jericho says that he is going to admit that he is walking away from the business because of Chris Jericho and he wants Michaels to admit that right now. HBK tells Jericho if he has the slightest bit of human dignity that he'll get out of the ring right now. Jericho refuses and tells him that he wants HBK to admit that he did it - it was the eye injury that Jericho gave him that caused him to return. Jericho says he has earned the right to hear HBK say that he put him out. Jericho says that he wants Michaels' last moment of his career to be that Jericho put him out for good. He says Michaels' epitaph should read 'Shawn Michaels - the guy that was forced to walk out of the wrestling business because of Chris Jericho'.

Michaels says 'OK I'll admit it' that he'll sit his family down when he gets home and tell them that he was put out by a selfless human being. Michaels says that he wants Jericho to go home to his family and tell them that he will never be Shawn Michaels. Jericho takes out Michaels' wife. Michaels tends to her and looks at Jericho. Staffers hit the ring as Jericho gets out. HBK tells his wife it is going to be OK. Michaels stares at Jericho down the ramp.

Answer 5

Basically, he announced his retirement (in a storyline sense only).  His wife came to the ring with him.

Jericho then came to the ring asking Michaels to admit that Jericho was the reason he was retiring. When Michaels wouldn't, the two got in each others face.  Michaels wife tried to pull him back, and when she did, Jericho tried to punch Michaels, but he ducked.  Jericho ended up hitting Michaels wife.

This basically sets up Michaels facing Jericho, most likely at the next PPV.