Alberto Del Rio and WWE Reach A Joint Settlement

Alberto Del Rio and WWE have appeared to have reached a joint settlement in their on-going legal dispute over Del Rio's contract since departing the company several months back.

The former WWE World Heavyweight Champion was released after an incident in which he slapped a WWE.com social media manager after the manager allegedly made a racist remark. WWE claimed Del Rio was in breach of his contract and tried to keep him from wrestling until August 2015.

The agreement reportedly means Del Rio can take bookings going forward with the understanding that neither he or WWE will disparage each other.

His new ring name will be "El Patron" (The Boss).

@VivaDelRio: I want to announce the following joint statement by me and the WWE... pic.twitter.com/tbk4dxUHN8

— Alberto El Patron (@VivaDelRio) November 10, 2014