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This is now up on the WWE website:
"After months of negotiations, the WWE and Steve Austin have been unable to come to terms on a new contract and as a result have mutually agreed to part company.
Both parties have left the door open to work together again in the future and the WWE wishes Steve the very best in his future endeavors."
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Bye bye Austin...RAW has lost a big superstar. So that's Lesnar, Goldberg, Rock, Austin...who's next?
"After months of negotiations, the WWE and Steve Austin have been unable to come to terms on a new contract and as a result have mutually agreed to part company.
Both parties have left the door open to work together again in the future and the WWE wishes Steve the very best in his future endeavors."
-------------------------------
Bye bye Austin...RAW has lost a big superstar. So that's Lesnar, Goldberg, Rock, Austin...who's next?
Page:
OK, so here's the full story on this whole Austin issue, NODQ.com is my source once again:
"Here is an in-depth update on what exactly led to Steve Austin's release from WWE:
Steve Austin, his lawyers, and WWE had been negotiating for the past several weeks until things came to a halt last week when Austin wanted the rights to the 'Stone Cold' name for outside WWE projects. Austin also wanted to be able to pick and choose which projects he did and not share royalties from outside projects with WWE.
Steve hired a very tough attorney that was willing to fight and chose to play hardball with WWE and Vince McMahon. The two sides could not reach angreement after several heated meetings.
Believe it or not, many people backstage in WWE felt this could be the end of Austin before it even started. We were very touchy on what we reported as the matter could have been resolved in minutes. WWE has left the door open for Austin to return to the company.
We have heard some reports that Austin wanted to leave WWE anyways to work Japan with Goldberg. Although Austin has been talking with Bill about working for PRIDE, the talks only started when WWE contract talks went sour. As it stands right now, Goldberg has a HUGE deal with PRIDE and he feels Austin can make the same.
There was a meeting in Texas last week (we are not sure of the day) for Austin to review his options with Japanese officials. Japan is definitely an option for Austin but he did not choose them over WWE. It should be pretty obvious that WWE didn't want Austin working for another promotion that would be running a PPV in the United States.
There is no truth to the reports that WWE released Austin due to the recent domestic situation. This thing was completely contracted related and WWE tried diligently to get a new deal done."
"Here is an in-depth update on what exactly led to Steve Austin's release from WWE:
Steve Austin, his lawyers, and WWE had been negotiating for the past several weeks until things came to a halt last week when Austin wanted the rights to the 'Stone Cold' name for outside WWE projects. Austin also wanted to be able to pick and choose which projects he did and not share royalties from outside projects with WWE.
Steve hired a very tough attorney that was willing to fight and chose to play hardball with WWE and Vince McMahon. The two sides could not reach angreement after several heated meetings.
Believe it or not, many people backstage in WWE felt this could be the end of Austin before it even started. We were very touchy on what we reported as the matter could have been resolved in minutes. WWE has left the door open for Austin to return to the company.
We have heard some reports that Austin wanted to leave WWE anyways to work Japan with Goldberg. Although Austin has been talking with Bill about working for PRIDE, the talks only started when WWE contract talks went sour. As it stands right now, Goldberg has a HUGE deal with PRIDE and he feels Austin can make the same.
There was a meeting in Texas last week (we are not sure of the day) for Austin to review his options with Japanese officials. Japan is definitely an option for Austin but he did not choose them over WWE. It should be pretty obvious that WWE didn't want Austin working for another promotion that would be running a PPV in the United States.
There is no truth to the reports that WWE released Austin due to the recent domestic situation. This thing was completely contracted related and WWE tried diligently to get a new deal done."
Here's an update, taken from NODQ.com:
"As we reported before, WWE.com posted an official message on their website confirming the release of "Stone Cold" Steve Austin from the active roster.
The core of the dispute between WWE and Austin's legal team, who began re-negotiating his contract recently was the rights to the "Stone Cold" nickname for non-WWE projects. As Austin saw it, he and his at-the-time wife came up with the name, and assumed it would be a professional courtesy from Vince McMahon after their years working together, that he use it freely.
Earlier this week there was some reports that said negotiations were starting to look brighter, but obviously that was just the eye of the hurricane, as WWE.com announced his release today.
Austin is considering working with Bill Goldberg in Japan in a match that could, and as they hope, will be marketed on U.S. PPV. Goldberg and Austin had always been friends, and had discussed such an idea a while ago, and only became better friends during Goldberg's run with WWE."
Gr, Vince is such a fool. There's nothing wrong with letting Austin keep the "Stone Cold" name.
"As we reported before, WWE.com posted an official message on their website confirming the release of "Stone Cold" Steve Austin from the active roster.
The core of the dispute between WWE and Austin's legal team, who began re-negotiating his contract recently was the rights to the "Stone Cold" nickname for non-WWE projects. As Austin saw it, he and his at-the-time wife came up with the name, and assumed it would be a professional courtesy from Vince McMahon after their years working together, that he use it freely.
Earlier this week there was some reports that said negotiations were starting to look brighter, but obviously that was just the eye of the hurricane, as WWE.com announced his release today.
Austin is considering working with Bill Goldberg in Japan in a match that could, and as they hope, will be marketed on U.S. PPV. Goldberg and Austin had always been friends, and had discussed such an idea a while ago, and only became better friends during Goldberg's run with WWE."
Gr, Vince is such a fool. There's nothing wrong with letting Austin keep the "Stone Cold" name.
Oh, brilliant. Just brilliant. Thats all the WWE needed.
Anyway, I suppose Austin wasn't going anywhere.
Bah! A big BIG loss for the WWE.
Anyway, I suppose Austin wasn't going anywhere.
Bah! A big BIG loss for the WWE.
Personally I found Austin boring. They needed to do something with him.
However, parting company was certainly not it.
I will miss Lesnar more though.
However, parting company was certainly not it.
I will miss Lesnar more though.
Don't blame him at all, WWE is absolute crap at the moment and he was one of the few reasons to keep on watching. It's just a shame that instead of the likes of Austin and Rocky leaving that HHH couldn't have p!ssed off instead.
Vince is a idiot for not giving Austin what he deserves, he basically kept the WWE running with his feud with Mcmahon
Vince is a idiot for not giving Austin what he deserves, he basically kept the WWE running with his feud with Mcmahon
You can't blame Austin for leaving. The amount of headaches they have caused each other were numerous and Vince was putting his foot down in the negotiations.
Austin is better off out of there if that is the way he was being treated and I'm sure he has plenty of options open to him.
Austin is better off out of there if that is the way he was being treated and I'm sure he has plenty of options open to him.
That's bull! Utter f'n bull! Why WWE? You could have used him in so many different ways, but no, first you waste him, and then you fail to meet his contract requirements.
This is now up on the WWE website:
"After months of negotiations, the WWE and Steve Austin have been unable to come to terms on a new contract and as a result have mutually agreed to part company.
Both parties have left the door open to work together again in the future and the WWE wishes Steve the very best in his future endeavors."
-------------------------------
Bye bye Austin...RAW has lost a big superstar. So that's Lesnar, Goldberg, Rock, Austin...who's next?
"After months of negotiations, the WWE and Steve Austin have been unable to come to terms on a new contract and as a result have mutually agreed to part company.
Both parties have left the door open to work together again in the future and the WWE wishes Steve the very best in his future endeavors."
-------------------------------
Bye bye Austin...RAW has lost a big superstar. So that's Lesnar, Goldberg, Rock, Austin...who's next?
Page: