According to K-Waters.net, her official fansite, Waters parted ways with the organization after her contract was not renewed. The website stated Thursday, "Just wanted to make an update and let everyone know Kat’s contract with TNA is officially up! Which means she is free to do DVDs, bookings, iPPVs, and whatever else! If interested please send emails to [email protected]"
Waters was expected to leave the promotion after she was advertised last month to appear on iPPV for Pro Wrestling Syndicate’s subsidiary female promotion, B.L.O.W. Wrestling, on October 11—event taking place at the Rahway Recreation Center in Rahway, New Jersey. Though contracted TNA Wrestling talent are permitted to appear for independent wrestling promotions, they are prohibited from appearing on shows which are broadcast.
Following her release from WWE on April 22, 2010, Waters debuted in TNA Wrestling in October of that year as Winter. During her first year in the promotion she managed to win both of the promotion's women's championships, teaming with Angelina Love to win the TNA Knockouts Tag Team Championship in December 2010 and winning the TNA Women's Knockout Championship in August 2011. However, her role was greatly deemphasized after Bruce Prichard took over the promotion's creative reins in October 2011 as she was sparingly used from that point forward. Her last televised appearance occurred five months ago on the April 6, 2012 episode of Impact Wrestling.
Waters is the third former TNA Women's Knockout Champion to leave the promotion this year, trailing Angelina Love and Velvet Sky.