Ted DiBiase's WWE departure does not come as a surprise (See also - Ted DiBiase Gone From WWE). His contract was up and he chose not to re-sign. DiBiase never understood why WWE nixed his push and was frustrated about his position in the company.
While DiBiase understood the importance of "waiting for his time," he grew burn out from the travel schedule only to not be placed in storylines. DiBiase is hoping that one day things will work out for him to return to the company but he wanted to try something else that would allow him to spend more time at home. He's a new father and didn't like life on the road.
He was well liked and respected in the locker room and got along with a lot of the boys in the back.