In an exclusive breaking news report, both Ric Flair and Alex Shelley have decided to quit TNA wrestling.
Ric Flair—in one of the greatest sendoffs in Wrestlemania history—lost a retirement match to Shawn Michaels in 2008. Ric Flair stayed true to his retirement for the duration of his WWE tenure, never competing in an official match.
When his contract expired in June of 2009, Ric Flair began to wrestle again, coming out of retirement during Hulk Hogan's Hulkamania Tour, losing a series of four matches to Hogan.
Flair began to wrestle more frequently in TNA, most notably feuding with Jay Lethal and Fourtune.
With the recent reports of the WWE signing his daughter Ashley to a developmental contract, many felt that his jump to the WWE was inevitable.
Shelley was well-known for his tandem with Chris Sabin known as the "Motor City Machine Guns." With Chris Sabin injured for the greater part of 2011 Shelley was mostly placed as a spot-filler in the X Division, failing to reach the level popularity that he shared with Sabin.
With the so-to-be advent of the WWE Network, it seems that Ric Flair will most likely sign a Legends contract with the WWE.
Alex Shelley will most likely be used in the supposed resurgence of the Cruiserweight division that is set to run also on the network.
It seems like this is a good move for the both of them. With Flair appearing on WWE television, being inducted in the 2012 Hall of Fame with the Four Horsemen, it seemed quite odd and minor league to see him a week later on TNA programming.
As far as Alex Shelley, you really can't blame him either. The Motor City Machine Guns aren't nearly as popular as they were when the tag division was red hot and a move to the WWE will be a great notch in his career.
source: bleacherreport.com