as of late last week he was still under contract with the WWE..
the news just came out that he was given his release from his contract. I would assume he likely has a no compete clause which will mean he can't wrestle anywhere for a set amount of days.. I could be wrong but I have read that before when other wrestlers have been released.
WWE has wished him well in his future endeavors. he does have a degree to fall back on should he decide he wants to be done with wrestling and he will be able to spend more precious time with his wife and 2 young children..