As of today, Cody Rhodes is still under contract to WWE. A close WWE source mentioned that WWE was planning on letting Cody’s contract run out, possibly this summer, but he asked to be let go before it expires.
In regards to fans speculating that Cody’s announcement is a storyline, that’s not the case. It’s being said that after 10 years with the promotion, he is decided he wants out. Cody has given his departure a lot of thought.
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