According to a statement by the WWE:

Monday Night Raw’s abrupt conclusion last night was not due to technical difficulties. The decision to suddenly end the broadcast in that manner was made by WWE Chairman and CEO Vince McMahon, who gave this quote to WWE.com:

“CM Punk was suspended indefinitely for his unprofessional conduct as soon as Raw went off the air.”

With his WWE contract expiring on July 17, one can only assume that this suspension effectively terminates CM Punk’s tenure with WWE.  Here is the video of the slightly crazy rant at the end of RAW where CM Punk took issues with pretty much everyone:

[youtube width=”640″ height=”390″]http://www.youtube.com/watch?v=2OS9wZGb_3g[/youtube]

[youtube width=”640″ height=”390″]http://www.youtube.com/watch?v=E1wFCfELnNE[/youtube]

 

here is the transcript via The SportsGrid

>> john cena while you lay there hopefully as uncomfortable as you possibly can be, i want you to listen to me. i want you to digest this because before i leave in three weeks with your wwe championship, i have a lot of things i want to get off my chest.

i don’t hate you, john. i don’t even dislike you. i like you. i like a hell of a lot more than i like most people in the back. i hate this idea that you’re the best. because you’re not. i’m the best. i’m the best in the world. there’s one thing you’re better at than i am. and that’s kissing vince mcmahon’s ass. you’re as good as kissing vince’s ass as hulk hogan was. i don’t know if you’re as good as duane though. he’s a pretty good ass kisser. always was and still is.

oops, i’m breaking the fourth wall. i am the best wrestler in the world. i’ve been the best ever since day one when i walked into this company and i’ve been vilified and hated since that day because paul heyman saw something in me that no one wanted toed a my. that’s right i’m a paul heyman guy. who know who else was a paul heyman guy? brock lesnar. he slip. and i’m splitting. but the difference is i’m going to leave with the wwe championship.

i’ve grabbed so much of vincent k. mcmahon’s imaginary brass rings that it just dawned on me that they’re just that, they’re completely imaginary. the only thing that’s real is me. and the fact for almost day in and day out i’ve proved to everybody in the world that i’m this best on this microphone in that ring even at commentary, nobody can touch me. and yet, nobody how many times i prove it, i’m not on your lovely little collector cups. i’m not on the cover on the program. i’m barely promoted. i don’t get to be in movies. i’m certainly not on any crappy show on the u.s.a. network. i’m not on the poster of wrestlemania. i’m not on the signature that’s produced at the start of the show. i’m not on conan o’brien or jimmy fallon but i should be.

this isn’t sour grapes but the fact that duane is at wrestlemania and i’m not makes me sick! oh, hey, let me get something straight. those who are cheering me right now, you are just the biggest part of me leaving as anything else because you’re the ones that buy those collector cups, you’re the ones that buy those programs and then at 5:00 in the morning, you try to shove it in my face so you can get an autograph and sell it on ebay because you’re too lazy to go get a real job.

i’m leaving with the wwe championship on july 17th and, who knows? maybe i’ll go defend it in new japan pro wrestling. maybe i’ll go back to ring of honor. hey, cole cabana, how are you doing? that’s the reason i’m leaving because after i leave you’re going to keep coming. i’m just a spoke on the wheel. i understand that.

vince mcmahon is going to make money despite himself. he’s a millionaire who should be a billionaire. you know why he’s a billionaire because he surrounds himself with nonsense yes men like john laronistis. i would like to think that this company would be better after vince mcmahon’s dead. but the fact is it’s going to be taken over by his idiotic daughter and his dufus son. let me tell you something about vince mcmahon. can we do this whole bully