I don't like the sounds of this to be quite honest.
I've been thinking that Laurinaitis would do something like that but I highly doubt that we'll see something like this happen...at least not yet. It's way too soon. I'm pretty sure we're not gonna see and end to "People Power" until at least next year. The way I see it, some heel superstars like David Otunga, Eve, Swagger, Ziggler, Cesaro and Brock are gonna profit off of Johnny's position of power since they're in such close relations with him storyline-wise. No way creative would abandon the possibility of the upbringing of his "allies", a tolerable gimmick for disregarded talent from our perspective, for the sake of a match between two non-wrestlers that wouldn't really lead anywhere.
Besides, why would Laurinaitis want to have a match with Teddy? Don't you think if Laurinaitis was the GM of RAW and Smackdown that he'd just fire Teddy? Or maybe have someone else have the match for him?