Source: The Wrestling Observer
As far as Ricky Steamboat and WWE are concerned, we’re told he’s
no longer working full-time for the company but was not
released. Steamboat has been working under a
Legends contract in recent months but has been attending TV tapings and working
as a producer/agent. Normally, a WWE Legends contract pays around $10,000 per year.
With that being said, Steamboat’s regular
job as a brand ambassador was eliminated due to the ongoing budget cuts. That is
the reason for the “Ricky Steamboast Released” reports. There was a little
confusion and we sincerely apologize for that.