Are we talking about Banjo here? Banjo's copyright stuff was a huge deal because it not only covered the old games themselves but brand new merchandise. Dead franchise getting new legal rights to sell stuff like T-shirts and plushes is definitely a red flag. Rayman and Tales have both gotten the same thing recently too. It shows that their respective companies have big plans in the not too distant future although, yes, that doesn't mean it's absolutely involves Smash.
I want to repeat why looking at this stuff is important and refer specifically to Crash Bandicoot's current situation. Like I said back in 2019, several of my contacts said Crash was eventually coming to Smash because Activision accidentally leaked a document online in the summer of 2019 that mapped out his next three years. Many were incredulous but then, I believe in March, I found this article from early 2018 supporting that this mysterious document actually existed and shared it here:
https://www.destructoid.com/rumor-a...-crash-bandicoot-involves-switch-486327.phtml
Again, Crash's situation is almost a carbon copy of Banjo's: starting with a copyright leak, followed by merch leaks, followed by new game appearances.