The former UFC Heavyweight Champion was reportedly released by the company as part of the recent budget cuts. WWE had signed Cain Velasquez to a multi-year deal however these contracts allow the company to release or cut talent at any time.

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The former UFC Heavyweight Champion was reportedly released by the company as part of the recent budget cuts. WWE had signed Cain Velasquez to a multi-year deal however these contracts allow the company to release or cut talent at any time.