Shane McMahon's WWE Departure, Major Backstage News

Source: The Wrestling Observer Newsletter

? In WWE's latest attempt to find a Mexican star, the company recently inked a deal with Incognito, who previously worked under the guise of Mistico de Juarez. He briefly worked with TNA Wrestling a few years ago, but when he missed a television taping, they stopped using him.

? Michael Solomon, a member of WWE's Board of Directors, cashed in all of his stock several weeks ago, taking in more than $20 million. Apparently he was unhappy with the way certain things were being run and got out. John Laurinaitis also cashed in $155,000 of his stock several weeks ago.

? Despite Shane McMahon's resignation from WWE officially going into effect January 1, 2010, he wasn't working at WWE Headquarters in Stamford, CT. Morale among staff at WWE's offices was said to be way down with the departures of Shane and Linda McMahon.

? Two past wrestling stars in Konnan and Ed Leslie (a/k/a Brutus "The Barber" Beefcake) are working on respective autobiographies. Leslie's book will be called Reborn on the Fourth of July, the date in 1990 when he experienced a near-fatal parasailing accident. His face had to be surgically repaired with over one hundred metal plates, putting his wrestling career on hiatus for nearly two years. In the case of Konnan, his book will explore his lengthy career in the wrestling industry.