Ted DiBiase Sr issued the following statement in regards to the news that his son Ted DiBiase Jr will be departing the WWE effective September 1st to pursue interests outside of the wrestling business.

A statement from me regarding my son Ted DiBiase Jr. leaving WWE

As many of you know, my son, Ted Jr. has decided not to re-sign with the WWE. His decision is not based on dissatisfaction with the WWE, but a decision based on not wanting to spend so much of his life away from his family. I applaud that decision. As much as I loved the wrestling business, being away from my family and the temptations that come along with it, nearly destroyed me and my family. I never wanted my sons to be in the business for that very reason. But I knew that I had to let them find out for themselves. The birth of Ted’s first son, did just that. Yes, I still love wrestling and so does Ted Jr. But, “Everything has a price!” My son learned more quickly than I did, that the price of fame is often far greater than the rewards!!

– Ted DiBiase –