World Wrestling Entertainment has come to terms on the release of Raw Superstar Mr. Kennedy (Ken Kennedy) as of today, May, 29 2009. WWE wishes Ken the best in all future endeavors.

-- Jeremy Borash posted the following on Kennedy's release from WWE on his official Twitter page:

Heard Kennedy was released by WWE. Hell of a talent in my book. Hopefully he sticks with it and stays healthy.

Shawn's Analysis
Wow this is an absolute shocker. Kennedy returned to Monday Night Raw this past Monday after recovering from a bad shoulder injury, and was rumored to have been injured again after taking a RKO. Stay tuned as hopefully we will have more information on his release soon.