The following contains a match spoiler from the WWE Smackdown show that will air Friday night.

Jeff Hardy lost a loser leaves WWE cage match to C.M. Punk at the Smackdown tapings in Phoenix, Ariz. on Tuesday.

Powell's POV: Hardy has been telling friends for months that he was leaning toward taking time off from WWE once his contract expired. It's believed that he signed a contract extension through tonight's show. He has also mentioned that he is in talks regarding a reality television show, which was first reported by Dot Net months ago. Although the Dot Net story was disputed initially, Jeff has continued to tell people that he has a reality show in the works.

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