In a severe cost-cutting measure in order to keep Impact Wrestling afloat, James Storm is no longer with the company after being one of the pioneers who helped it gain the national exposure that it has now. As reported by the Wrestling Observer Newsletter, Anthem – the parent company of Impact Wrestling – will be issuing per-day contracts to the wrestlers, instead of lucrative annual contracts.
The Newsletter also reports that, despite debuting in NXT for a short period of time in 2015, he is not expected to return to WWE anytime soon. Although the exposure in NXT was a breath of fresh air for his career, as well as an opportunity for ascension like his former tag team champion partner Bobby Roode, the offer that Impact Wrestling gave caused him to end his short run in NXT.
While an NXT return is not completely ruled out, Storm is expected to just take indie bookings for now.