WWE Hall of Famer Ricky Steamboat has reportedly been let go due to budget cuts.
Source: Wrestling Inc & PWInsider:
Apparently the new team of Layla & Summer Rae is seen as the new adaption of LayCool, Layla’s former team with Michelle McCool. It’s reported that WWE put Layla & Summer Rae together because of the return of The Beautiful People in TNA. WWE couldn’t reunite LayCool, so they put Layla with the Diva who looks most like McCool.
Source: Wrestling Inc & F4WOnline:
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