Vince Russo issued the following statement to the website regarding his TNA departure:
Despite the continuing rumors, speculation, and hearsay surrounding my departure from TNA Wrestling, in an effort to set the record straight, I was not fired, terminated, released, or let go from the company--it was my decision to walk away, and from there the separation was mutual, amicable and professional.
It simply makes good business sense that where someone of my talent and ability was not going to be used to their capability or capacity, that a parting of the ways was inevitable.
In closing, I'd like to thank my fellow writer and friend, Matt Conway, for giving me purpose, my friend and brother, Jeff Jarrett, for hiring me, Dixie Carter and the entire Carter family, for keeping me employed, but, more importantly, every man and woman in the locker room for giving me the opportunity, and ability, to work in the professional wrestling business for the past twenty years. Without their blood, sweat and tears . . . I would have not been able to support my family and make a living. My greatest loss by far is leaving them behind.
And truly, from the bottom of my heart, I wish TNA all the best in their future endeavors.
PS: I couldn't help myself with that last line, but I truly DO wish TNA all the success in the world!