WWE announced that WWE Payback will be held in Chicago, Illinois for the second consecutive year. The Allstate Arena will hold the event on June 1st, 2014. This was the event in which CM Punk returned after his brief break after WrestleMania 29. PWInsider.com is reporting that CM Punk's latest contract is set to expire in July and that WWE plans on getting everything out of him, in case he decides not to renew his contract.

CM Punk has been very vocal over the years, talking about how he wants to walk away from the WWE on his terms and not be forced out due to injury. With the current storyline with Punk and The Authority, one could assume that this angle may continue into the summer, potentially something similar to "Summer of Punk 2011." If CM Punk does not sign a new contract, WWE Payback could be the last Pay-Per-View for the former WWE Champion.

Noooooooooo don't retire this year Punk =(

I doubt he's retiring.

Yeah I doubt he's retiring this year. I'd say he'd retire in 2-3 years.

Punk's said he has maybe 2 more good years left in him, so if he leaves this year he'll prolly retire. He's said on Twitter also that he's sick of traveling so who knows.

If they give him the RR win and main eventing Wrestlemania winning the title he may very well retire this year. Would be nice if his last Wrestlemania would be against Stone Cold Steve Austin. That'd be fun.

Guess he doesn't want to be like Terry Funk

Why would ANYONE want to be Terry Funk? lol.

Cause He's the Funk

...But he's the Punk! So i guess he doesn't need to be The Funk!   

For you information The Punk never beat The Funk in one on one competition  

He'll still be going at 45. He just likes to troll about retiring so people will say 'No Punk please don't leave, we need you.' He knows if he just ups and tells WWE he'd like to extend his current contract for a couple of years he won't get the big end-of-contract push that he got last time.

lol he'll be there in like ten years time still...