Source: Pwinsider.com

CM Punk's current contract with WWE will be expiring this July according to a source.

As reported yesterday, the Payback PPV will be held on 6/1 in Chicago in what could turn out to be Punk's farewell performance in his hometown with WWE if he doesn't agree to a new deal.

Punk has stated publicly for the last two years that he planned to retire from wrestling in the next few years.