WWE issued an official statement on the departure of Ted DiBiase on Friday. According to their statement, DiBiase's contract is up as of September 1, 2013. Below is the statement in its entirety:
As of Sept. 1, Ted DiBiase Jr. will no longer be under contract with WWE. Opting not to renew his contract, DiBiase has chosen to pursue other endeavors outside the sports-entertainment world.
WWE wishes Ted DiBiase the best in all his future endeavors.
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