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Eh, it's complicated. He claims that's his reason, but his attitude and his general history (which is why he's listed as having CBD) lend credence to Shawn being Shawn and screwing Bryan for his best friend.
As for the apology, I think the idea they tried to get across was that it was insincere, since Triple H was being the villain in the match and Shawn helped him achieve his goals. After all it's not like Triple H trying to screw Daniel Bryan was out of the blue; he had been doing it for two months at that point.
If it was insincere, it may also warrant a Backhanded Apology example. (If it was worded insultingly.)
Edited by DracMonster

I feel like an entry on the Shawn Michaels page is incorrect, but didn't want to remove it without asking first. The entry is as follows:
For those who follow WWE and recall the events that took place, would I be wrong if I said that it wasn't a "back stab"? He superkicked Daniel Bryan in defense of his best friend Triple H, after Bryan essentially sucker-punched Triple H (with a knee to the face). It wasn't out of spite or betrayal— it was less about assaulting Bryan and more about defending Triple H.
Michaels even apologized the next night on Raw. Characters generally don't apologize the day after backstabbing someone, right?