Extreme Rules: CM Punk Vs. Chris Jericho (WWE Championship - Chicago Street Fight)

The following is from our live coverage of WWE Extreme Rules. To access our full coverage, click here.

Matt Striker is backstage with WWE Champion CM Punk. The crowd pops big time for the hometown hero. Punk talks about Chris Jericho's antics only making him stronger. Punk says he gets to beat Jericho in front of his family and 20,000 of his closest friends. Punk says Jericho will wake up with a hangover tomorrow morning because he put him to sleep.

We get a promo video for tonight's WWE Title match.

Chicago Street Fight for the WWE Title: Chris Jericho vs. CM Punk

We go to the ring and out first comes Chris Jericho to a ton of heat from the crowd. The WWE Champion CM Punk comes out next to a massive pop from Chicago. Punk is wearing a drug-free t-shirt and jeans. Punk greets his sister at ringside. Justin Roberts does formal ring introductions after the crowd finally stops chanting Punk's name.

The bell rings and they exchange stares. They charge and start brawling. Punk with knees and punches to the gut. Punk beats Jericho down in the corner and stomps away. Jericho ends up on the floor and Punk follows, attacking from behind. Punk throws chairs in the ring and rolls Jericho in. Punk goes under the ring for a kendo stick. He comes in the ring and cracks Jericho in the back with it. Punk with a kick to the face and another shot with the stick. Punk takes a big swing but Jericho avoids it and goes back to the floor. Punk chases him around the ring and back in. Punk with a clothesline.

Punk with another shot with the kendo stick. Jericho crawls on his knees and grabs the referee for safety. Punk comes over and Jericho hits a cheap shot and a dropkick. Punk ends up on the apron and Jericho connects with a springboard kick to send him to the floor. Jericho goes out to the floor and works Punk over. Jericho throws Punk hard into the barrier and he flies over it. Right hands from Jericho now. Punk fights back but Jericho headbutts him and brings it back in the ring. Jericho takes the padding off the top turnbuckle and drops an elbow. Punk comes back with chops and takes Jericho to the corner. Punk goes for the high knee in the corner but Jericho moves and Punk lands out on the floor.

Jericho takes Punk in front of his family at ringside. Jericho takes the padding off the barrier and slams Punk into it. Jericho taunts Punk's family but gets slapped by his sister. Jericho charges Punk's sister but Punk leaps up and beats him to the ground. Punk unloads on Jericho and rips the announce tables apart. Punk loses it and slams Jericho into the plastic top of the announce table, breaking it. Punk goes to piledrive Jericho on the floor but Jericho counters and backdrops him.

Jericho hits Punk with a monitor and then a piece of the table. Jericho brings it back in the ring for a 2 count. Jericho puts a knee into Punk's back now. More back and forth. Punk tries to springboard in but slips on the top rope. Jericho meets him with the kendo stick and beats him with it. Jericho taunts Punk as he lays on the mat and points out his sister. Punk rolls Jericho out of nowhere for a 2 count. Punk charges but Jericho drops him. Jericho covers for a 2 count. Jericho goes under the ring and grabs a can of beer. He brings it in and gives Punk a beer bath.

Jericho works Punk over some more and grabs another can of beer. Jericho takes a drink of beer and Punk kicks him in the gut. Punk comes back and beats Jericho down with the kendo stick. Punk with a clothesline and more offense. Punk hits the knee in the corner and the bulldog as the crowd chants his name. Punk puts the kendo stick between Jericho's leg and yanks it up. Punk goes for the GTS but Jericho slides out. Jericho goes for the Walls of Jericho but Punk counters it. Punk with a powerslam and a 2 count. Punk goes to the top for the elbow but Jericho cuts him off. Jericho climbs up for a superplex but Punk blocks it. Punk fights back and sends Jericho to the mat.

Punk comes off the top rope and nails the elbow drop but Jericho kicks out at 2. A "Randy Savage" chant breaks out. Punk with right hands now. Punk goes for GTS but Jericho fights out. Jericho drops Punk and goes for the Lionsault but Punk blocks it. Punk goes for GTS again but Jericho counters again. Jericho fights back and throws Punk into the chair that was lodged in the corner. Jericho with a 2 count. Punk comes over but Jericho barely hits a Codebreaker out of nowhere. Jericho goes for the Walls again but can't get it turned. He finally does and the referee checks on Punk. Punk crawls to the ropes as the fans get behind him. Punk makes it to the ropes but the hold isn't broken because of the Street Fight. Punk manages to reach under the ring and grab a fire extinguisher. Jericho pulls him back to the center of the ring. Punk sprays the extinguisher and finally breaks the hold.

Punk sends Jericho to the floor with an extinguisher shot to the gut. Punk follows and hits him with it again. Punk knocks Jericho out on top of the announce table. Punk climbs to the top turnbuckle and almost falls. He steadies and smashes through Jericho and the announce table with a massive elbow drop. Both wrestlers are hurting after that one. The crowd chants for Punk as he brings Jericho back to the ring. Punk covers for a 2 count.

Punk immediately applies the Anaconda Vice. Jericho tries to get free but grabs the kendo stick and beats Punk with it until he lets go of the hold. A "this is awesome" chant breaks out now. Punk with a chair shot to the gut. Jericho hits a Codebreaker with the chair out of nowhere but Punk kicks out at 2. Jericho with a kendo shot. Jericho yells in frustration as he stomps on Punk and the crowd boos. Jericho picks Punk up and goes for GTS. The crowd boos big time as Jericho wastes times with Punk on his shoulders. Punk catches the leg out of GTS and goes for the Walls it looks like. Punk catapults Jericho into the corner and catches him in GTS for the pin and the win.

Winner: CM Punk

After the match, Punk jumps to the fans at ringside for a celebration.

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