Ted Dibiase Jr. announced today on YouTube that his contract with the WWE is up and he has decided not to re-sign.
DiBiase said the decision was “bittersweet” but this was best for him and his family right now.
“I have had just some amazing life experiences with the WWE. I’ve done some amazing things. I’ve traveled the world, wrestling at WrestleMania. I’ve made a movie. It’s really been a dream”.
DiBiase stated that he had other things he wanted to pursue including being a dad. He also left the door open for a return down the road.
“I’m not saying this is forever,” said an emotional DiBiase. “Hopefully there will be some good times in the future. We’ll see. But until then, I’m going fishing.”
DiBiase – a third generation wrestling – signed a developmental deal with the WWE back in 2007. There were many in the company who thought he was a ‘can’t miss’ prospect with high aspirations for him. In May 2008, he made his WWE debut and quickly teamed with Cody Rhodes to win the WWE Tag Team Championship. The following January, the two along with Randy Orton formed the Legacy faction. But the group unraveled quickly and the three squared off against once another in a triple threat match at WrestleMania XXVI which Orton won.
DiBiase went off on his own and was became the Million Dollar Champion, playing off of his father. However, the gimmick never seemed to fit him well and fizzled out over time.
After that, DiBiase got lost in the shuffle and for whatever reason was not put in even a mid-card position. In March 2012, he suffered a broken ankle which required surgery. He had also been working with a bad shoulder that needed surgery as well. He was able to return later in the year but was rarely used on television and in minor roles for months. The last time he was on TV was during the June 10th edition of Raw as a lumberjack for a match between John Cena and Ryback.
Away from wrestling, DiBiase started “The Ted DiBiase Foundation” helping individuals with life threatening illnesses or disabilities.