CM Punk defeated Gunther in the main event of SummerSlam Night One, to become the new World Heavyweight Champion. However, a not really injured Seth Rollins came out and then cashed-in his Money in the Bank contract to win the title from Punk.
Punk had a 434-day reign as WWE Champion, starting in late 2011 and then ending in early 2013. He lost the title to The Rock at the 2013 Royal Rumble.
Below are excerpts from Mike Tedeco’s SummerSlam recap of how it all went down.
After a few moments, Gunther emerges from behind the table and is busted wide open! Gunther’s face is a crimson mask. Gunther gets in the ring and is struggling to clear the blood from his eyes. Gunther holds his nose in pain. Punk smells the blood and punches away at the broken nose. Punk hits a high knee in the corner and hits a clothesline. Punk heads to the top rope and hits a diving elbow drop! Punk signals for the end. Punk signals for the GTS and lifts him, but Gunther slides off and takes him down with a Sleeper Hold! Punk fights up and hits a GTS! Gunther is out on his feet. Punk lifts him again and hits a second GTS! 1… 2… 3!
CM Punk is in tears as referee Rod Zapata hands him the World Heavyweight Championship. Punk embraces it. A decade of bitterness, away from WWE and not happy, is over. Punk is once again a World Champion in WWE. Michael Cole says Punk has proven beyond a shadow of a doubt that he is the Best in the World.
Seth Rollins comes out to the stage on crutches, his knee surrounded by a thick brace. “The Oracle” Paul Heyman is beside him with the Money in the Bank briefcase. Rollins tells Punk to hold onto it while he can. Rollins turns and hobbles off, but he stops.
Rollins gets in the ring and attacks Punk. Punk quickly tries to power him up with a GTS, but Rollins immediately elbows out. Rollins viciously smashes Punk in the head with the briefcase a few times before handing it to referee Jessika Carr. Alicia Taylor announces that Seth Rollins is cashing in his Money in the Bank briefcase!
The bell rings to start this match. Rollins immediately hits a Stomp and covers CM Punk. 1… 2… 3!