As Crimaz.com reported, WWE quietly moved Rey Mysterio to their Alumni section today and the company later confirmed that he is no longer with them.

There are rumors that Rey negotiated his release but PWInsider reports that his WWE contract actually expired and was not renewed. We’ve noted how there have been issues between Rey and WWE for some time. While expecting to leave the company, Rey was upset that WWE extended his previous deal because he was out of action for so long with injuries.

Rey will have no trouble finding work with other promotions. Konnan is already reportedly working on setting up dates for Mysterio and announcements could come as soon as tomorrow. There were plans for some kind of big reveal but news getting out today probably nixed those plans.

Word is that Rey will be doing a number of signing appearances but likely won’t be wrestling right away. Rey is expected to wrestle for Lucha Underground but as of this afternoon, the two sides have not signed a new deal. Rey may be coming into Lucha Underground as the person who introduced Konnan to Lucha Underground Champion Prince Puma.

Rey will likely make his return to Mexico’s AAA promotion at their March 15th Rey de Reyes event. AAA has announced a press conference for later this week and that could be where they announce Mysterio’s return.

Mysterio is expected to ask for big money to make indie appearances.