TNA issued the following today:

CHAVO GUERRERO’S “FEAST OR FIRED” BRIEFCASE SELECTION ENDS TENURE AS TNA ROSTER MEMBER

NASHVILLE, Tenn. (Dec. 20, 2013) – During the highly-anticipated “Feast or Fired” segment on IMPACT WRESTLING last night it was revealed Chavo Guerrero, of the legendary Guerrero family, will no longer be a member of the TNA roster.

“Chavo has represented his family’s name with honor and dignity during his time at TNA,” said Executive Vice President John Gaburick. “We thank Chavo for his contributions to TNA and wish him well.”

"With so many other endeavors in my life, this separation will allow me to focus on these and future opportunities,” said Guerrero. “I have nothing but good things to say about TNA and President Dixie Carter, and I want the absolute best for them. I look forward to watching ‘Impact Wrestling's' continued success, dedicating my time to the opportunities that have been presented and attacking new ventures in ‘Guerrero Style.’ Viva La Raza!”