Multiple sources within WWE are under the impression that Jeff Hardy has not signed a new contract. Matt Hardy posted a blog last week in which he seemed to be hinting that Jeff had struck a deal, but he never said so directly and later wrote that he enjoys getting a rise out of wrestling websites.
One source noted that it’s possible Jeff will agree to a short-term extension that would keep him working for the company temporarily until some of the other main eventers return to the ring, but that was simply speculation and I haven’t spoken with anyone who is under the impression that Jeff has signed a long-term deal.