During a post-show segment after this past Friday's SmackDown, Shinsuke Nakamura announced that he will no longer wear a crown out of respect for the currently running King Of The Ring tournament.
“You will not call me King Nakamura, but you can call me the Intercontinental Champion Shinsuke Nakamura.”
The King of the Ring tournament kicked off last night on SmackDown with first round matches. Sami Zayn defeated Rey Mysterio to move on to the next round and Finn Balor defeated Cesaro.
You can check out the video of Nakamura's announcement here:
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