Source: F4WOnlineWe noted before that there was talk within WWE that the company would add another 6 months to CM Punk's contract when it expires in a few days, similar to how they did with Rey Mysterio as there's a clause that says WWE can extend contracts if a talent is out of action for so long.
The belief this week is that since it's not really in anyone's best interest, WWE won't be forcing the extension.
Punk owns the rights to his name and as noted, already has an appearance lined up for AXS TV after his WWE contract expires. It's worth mentioning that Punk is back to using his ring name after using his real name Phil Brooks on Talking Dead a few months back.
Got a news tip or correction? Send it to us by clicking here.
SmackDown Match Announced, Summer Rae Reacts To Turning On Damien Sandow, Rosa Mendes And Adam Rose
Site News: New Mobile Site, Send Us Your Feedback
New Gimmick Match Revealed For WWE Extreme Rules, Another Main Event Change, Kickoff Pre-show Match
Former ROH Champion Set To Retire
Title Match At WWE Extreme Rules Not Taking Place?, WWE NXT Live Event Announced For NY
Chris Jericho's Next Live WWE Network Podcast Revealed
Paige VanZant Vs. Felice Herrig Highlights, UFC Rankings Movement, Why Phil Davis Left UFC
Top WWE Superstar Reportedly "Berates" Fans At Airport, John Cena Congratulates The Bellas, The Rock
Latest On Daniel Bryan's Condition, Bryan Reportedly Did Not Suffer Concussion
WWE Monday Night RAW Results - Triple H Returns, John Cena Defends, Randy Orton, More
More On WWE Writing The Miz Out Of TV This Monday, Dean Ambrose Replacing Paige, Roman Reigns
Daniel Bryan's First Social Media Post After Being Pulled From WWE Tour