Now I have no idea if this is from the actual article, as I ain't paying the dude, but I found this comment. I'd say it's believable, but again, take it with a grain of salt for now.
"I have Fightful Select
-Yes, WWE knew it was coming and have for months
-WWE thought Cole's and Gargano's contracts would end together
-Negotiations haven't started yet but are expected to in the coming weeks, with WWE interested in keeping him
-Contract expires on December 3rd"