As noted, Ryback has been in a contract dispute with WWE for a few months now and announced his departure from the company on his Instagram account last Friday. Ryback was sent home in early May after he and Vince McMahon could not agree to terms for a new deal. Ryback reportedly wanted a higher downside guarantee than the company was offering and there were some other stipulations that he wanted.
WWE officially announced Ryback’s departure from the company on Monday and issued the following:
Effective today, Aug. 8, 2016, WWE has parted ways with Ryback, and he is no longer under contract. WWE wishes Ryback the best in all his future endeavors.