To fill you in, this fed is certainly different than what you're used to. Undertaker is the current champion, but he's not the Deadman we're all familiar with, he's now the Corporate Sellout. Vince McMahon came to Smackdown to address certain people that weren't showing enough respect to him, John Cena namely being one of them.
Cena being the rebel he is comes out and wants to know what exactly Vince is getting at. And Vince basically being on the warpath that he's on keeps going on about some of the newer generation of superstars are going to learn to respect him. And with that, Jindrak and Christian come out and immediately jump on Cena bringing him to the ring as Vince continues to watch them pulverize Cena.
The numbers are finally evened up when the Undertaker comes out and rushes to the ring. Things look good, but then suddenly Taker turns on Cena and chokeslams him flat in the ring. Cena out cold, Vince then announces that next week Taker and Cena will be facing one on one.
So the next week comes around and Cena and Taker square off one on one for the title. Cena gets the very best of Taker, trying to keep the "Corporate Sellout" down, but Taker just kept getting up. Cena finally had enough momentum to end things for good as he lifted up Taker for an FU, but Christian distracted the referee and Jindrak took Cena's leg out from under him.
Taker was back on his feet and as soon as Cena stood up he received a Tombstone Piledriver, Taker getting the win and being named the new WWE Champion. It was then announced by Linda McMahon that there would be 5 trades taking place, one of them being the unnamed World Heayweight Champion to Smackdown and WWE Champion the Undertaker to Raw.
Linda also stated that to decide who would be going to Raw there was going to be a special Thanksgiving Pay Per View in which Cena would meet Undertaker in a rematch for the WWE Title for the main event. And if any of the Devil's Advocate members (Jindrak and Christian) show up, they will be suspended from Smackdown!