Stone Cold retired due to injury in 2003 after battling The Rock at WrestleMania XIX but has since built a successful career as a movie star.
His latest release, Born To Fight, is out on DVD next week and the grappling legend reckons his current Twitter banter with Punk could turn into a full-blown scrap at WWE’s showpiece pay-per-view event.
Austin, who was the face of the WWE’s revamped Tough Enough series, told SunSport: “I think Punk is a great guy.
“I’d say he looks up to me for what I did in the ring back in the day — and I look up to him for what he is doing now. I’d say it’s a case of mutual respect.
“I hear the stories and if the stars aligned and all things worked out to benefit us all — the WWE, myself and Punk — I’d say that he is the guy I’d pick to face.
“I’m sure I could get another match out of this carcass of mine.”