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WWE have officially released Jack Swagger from his contract in an announcement made on the company's official website on Monday afternoon,
"WWE has come to terms on the release of Jack Swagger as of today, March 13, 2017. WWE wishes Swagger the best in all his future endeavors."
Swagger requested his release from WWE a couple weeks ago, making the announcement to “Beyond the Fight” podcast host Chael Sonnen, referring to the move as “a business decision.”
“It’s still kind of an ongoing process right now,” Swagger explained on Episode 96. “Basically, it came down to contract negotiations, and we were way off. They didn’t value me at what I thought I was valued at.”
He continued: “They weren’t giving me the opportunity to make the full amount of income I could for my family, so when you put it like that — it’s time to go.”
“It gets very frustrating because we’re out there every night putting ourselves through car wrecks to entertain these fans — and we want to know we’re working towards something,” Swagger explained of his recent exclusion from big matches and storylines."
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