Source: Wrestling Observer Newsletter

As noted moments ago here on the website, Matt Hardy is not backstage at today's SmackDown! television taping in Detroit, Michigan. You all know by now that he was sent home by World Wrestling Entertainment officials after an incident backstage during Saturday's SmackDown live event in Minehead, England.

Regarding the possibility of WWE cutting ties with Hardy altogether, he is "on very thin ice," according to a reliable source within the company.

It is said that Hardy's saving grace from termination was WWE's fear of a Hardy Boys revival in rival promotion TNA Wrestling, but after Saturday's backstage incident weekend and subsequent video blog, the feeling is that they don't care much about keeping him under their auspices anymore.

Despite Hardy's claim that he wasn't taken off the road, a company spokesman confirmed the story to Newsday today (full story).

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