Complex sentence: Bobby Fish and Kyle O'Reilly are a professional wrestling tag team currently signed to WWE, working in their developmental territory NXT as two-thirds of the stable The Undisputed Era with Adam Cole, and are the current NXT Tag Team Champions in their first reign.
Split into simpler sentences: Bobby Fish and Kyle O'Reilly are a professional wrestling tag team currently signed to WWE, working in their developmental territory NXT as The Undisputed Era. They are the current NXT Tag Team Champions in their first reign.