Jeff Hardy def. Edge; CM Punk cashes in Money in the Bank to become new World Heavyweight Champion

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June 07, 2009

NEW ORLEANS -- In a wild turn of events surrounding the coveted World Heavyweight Championship, CM Punk emerged the new champion after cashing in his Money in the Bank contract against Jeff Hardy, who moments earlier, defeated former champion Edge in a brutal Ladder Match. (PHOTOS)

For months, Jeff Hardy had been scratching and clawing to regain gold that he lost earlier this year. He finally had his chance in match that was his forte. But, Hardy knew his opponent was just as at home in the bout. After all, Hardy and Edge have competed in more Ladder Matches than anyone in WWE.

But, Hardy and Edge had never gone one-one-one in a Ladder Match until tonight.

After a hard-fought war, Hardy seized his first World Heavyweight Title. Hardy's emotions were soaring. And in the same instant, Edge's world came crashing down when he realized he lost his precious gold.

But it wasn't only Edge who would be overwhelmed with the sickening feeling of losing championship gold.

Before Hardy could fully bask in the glory of being crowned the new World Heavyweight Champion, CM Punk crushed Hardy's dreams by cashing in the contract he has wielded since winning the Money in the Bank Ladder Match at the 25th Anniversary of WrestleMania. With a double dose of Go to Sleep, Punk easily put away the exhausted Hardy.

The victory was Punk's second of the night at Extreme Rules. Earlier, he defeated Umaga in a vicious Samoan Strap Match. (Results)

With Punk on a roll, what's next from Edge and Hardy?

How much more adversity can Hardy endure without simply giving up in his quest for gold?

And with Edge and his wife appearing to be heading for splitsville, can The Rated-R Superstar mount a focused attack to regain his gold?

The events at Extreme Rules are a perfect example of how things can change in the blink of an eye in WWE. Don't miss the next edition of SmackDown at 8/7 CT on MyNetworkTV to find out what will happen next as new World Heavyweight Champion CM Punk comes to Friday nights.

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