Miz dropping the Intercontinental title to Kofi Kingston was to help solidify Kingston as a top mid-card star and free up The Miz to work in more important feuds. WWE plan to have Miz face other top talent and get back on track as one of the company’s top talents for the future.
In the WWE’s eyes, Miz has done all the right things and they are very pleased with his consistent improvement on the mic and inside the ring. Miz also gets praised for being very good and willing to do the intense media schedule to promote the company.
Sources also mentioned that The Miz was chosen to be on the cover of the Survivor Series poster as an indication for bigger and better things for him.