http://www.wwe.com/inside/news/bookerreleased
WWE has come to terms on the release of WWE Superstar Booker T and WWE Diva Sharmell as of October 27. We wish both Booker & Sharmell the best in all their future endeavors.
It sucks that Booker's drug issues got him suspended for a long term and he had to leave this way. He was a great performer and I enjoyed his reign as World champion and was hoping to see another reign, however I doubt I will see it again.
If this is all due to majority of the fact of Booker's 60 day suspension (of course other things as well) due to his issues, then I guess this is only for the better and he already has enough money saved to stay financially stable for life.