Yesterday afternoon, it was announced that WWE had parted ways with Alberto Del Rio for the second time in his career.
It was the news the WWE Universe had been waiting, especially following the 30-day suspension Del Rio received for breaking the wellness policy.
Therefore, it came as no surprise when WWE officially announced their decision to release Del Rio after the two parties reached a mutual agreement.
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Del Rio was expected to leave at the end of his contract later this year anyway, so it's not a shock loss for the company, who were barely using the wrestler beforehand anyway.
Following his release, Del Rio took to his official Twitter account to discuss the breaking news, and said: "My business relationship with @WWE has come to an end in good terms...thanks for the opportunities they gave me."
However, the 39-year-old has since released a formal statement following his departure from WWE.
Courtesy of Superluchas, NoDQ has been able to translate Del Rio's statement from Mexican to English, and he has revealed why he chose to leave the company and what is in store for his future.
Del Rio made it clear that spending time with his family is on top of his agenda, but he will also be talking to Mexican promoters regarding his in-ring future.
You can read the statement in full below.
"The main objective of this press conference is to notify Mexico - the place where I was born, where my career started and where it's going to end – that I was tired of the work pace.
"I wasn't comfortable anymore, I felt that they weren't doing stuff with me and I decided to move. I understand that they weren't going to give me more exposure; I understand their motives and we reached an agreement. The negotiation was so good that McMahon didn't apply the 90 day clause. I've come here completely free.
"I have many projects: I want to be sports announcer in the US and also I'm starting a new facet as entrepreneur here in Mexico.
"It's important for me to be here and clear up the Internet rumours. I'm thankful with every directive, specially Vince. My economy is excellent and I want to enjoy my family.
"I've won everything in WWE. My father said to me: do you want to live your entire life under the spotlight, like your uncle, Mil Máscaras? Or do you want to enjoy your life?
"Tomorrow I'll have meetings with Mexican owners (promoters), I don't want to be exclusive. I'll talk to all of them: Dorian Roldán (AAA), Paco Alonso (CMLL), with Liga Elite. If they want to have Alberto, I'll work only dates. I've learned from my mistakes and I won't be a exclusive talent.
"I don't want to keep taking bumps too much, so I'll work in a few amount of shows.
"The main reason of my decision was seeing my kid hiding my bags to stop me from traveling. I want to enjoy my family and also, I wasn't comfortable with my second tenure with WWE.
"I spoke with my father, who's the one that always give me great advice and that same day I decided to talk with the board of directors.
"I don't regret my second tenure with the company. They gave me everything I asked for, and my decision wasn't set because of the lack of championships: that's irrelevant in this stage of my career. I left the company because I couldn't keep up with their work rhythm. Making an assessment of my second tenure, I'd say it's a 50/50.
"Talking with Vince about why I was leaving, he told me that with the brand extension, Alberto Del Rio would be who he was before.
"I love this sport, it's been my dream since the day I opened my eyes, but I'm losing the passion. Every time I took a plane I felt angry, and I don't want to be a sour wrestler... that's what I said to Vince: I don't want to lose my passion for pro wrestling.
"We had such a good understanding that I told him: 'Don't rule out a call from me someday'."
Have WWE made a mistake releasing Alberto Del Rio? Have YOUR say in the comment section below!