By Richard Gray on April 30, 2004 at 4:46 PM EST

Despite an enormous amount of speculation from some sources, Rob Van Dam and WWE are very close to coming to terms on a new contract for the SmackDown superstar. There was a certain amount of concern that RVD could be leaving the company over some contractual issues, however, that does not appear to be the case.

RVD's current deal expires in June, however, there is just a formality that must be worked out before the new deal is officially signed.

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[Source: PWInsider.com]