The 2014 Payback was a professional wrestling event produced by WWE. It was the second annual Payback and took place on June 1, 2014, at the Allstate Arena in the Chicago suburb of Rosemont, Illinois for the second consecutive year. The event aired via pay-per-view (PPV) and livestreaming, which made it the first Payback event to livestream on the WWE Network, which launched in February. The theme of the event was wrestlers seeking payback against their opponents.

Nine matches were contested at the event, including one on the Kickoff pre-show. In the main event, The Shield (Dean Ambrose, Seth Rollins, and Roman Reigns) defeated Evolution (Triple H, Randy Orton, and Batista) in a No Holds Barred six-man tag team elimination match. In other prominent matches, John Cena defeated Bray Wyatt in a Last Man Standing match and Bad News Barrett defeated Rob Van Dam to retain the WWE Intercontinental Championship.

This was the first WWE pay-per-view since Armageddon in December 2006 not to feature a men's world championship match on the card. Payback drew 67,000 buys (excluding WWE Network views), down from previous year's 186,000 buys.