Source: PWInsider.com
— The backstage word at last night’s Raw taping was that another round of talent releases will be coming shortly. After WWE posted a 37% drop in net income for the third quarter of 2008, they announced plans to cut over $20 million from their budget. Some of those budget cuts will come from releasing talent. Elijah Burke, Paul London, Super Crazy, Kenny Dykstra, Lena Yada and Chuck Palumbo have already been cut this month.
— The reason Ted DiBiase Jr. was written out of WWE storylines is because he’s landed a movie role. He will be starring in WWE Films’ second straight-to-DVD movie, The Marine 2. John Cena, who starred in the first Marine film, is not currently scheduled to appear in the sequal. DiBiase is expected to be off television for a while.
* WEDDING PICTURE of TED DiBIASE JR. and His NEW Wife [>]