As reported, Brock Lesnar did in fact sign a 2 year extension that should keep him with WWE until Wrestlemania 31 in 2015. It most likely will be the same type contract he was originally given after Wrestlemania last year. Some people indicated, though we do not know how true this is, that Brock signed the contract backstage.
Current plans for the World Heavyweight Title is to begin a program between Randy Orton and Sheamus most likely leading to a match at Wrestlemania. If this holds up it will most likely mean Alberto Del Rio will lose his title at the upcoming Elimination Chamber PPV.
CM Punk vs. Ryback will be featured as the main event for many upcoming house shows. WWE Champion The Rock will only be used for RAW, Smackdown, and PPV and as many guessed NOT for house show events.