Although he's not a full time performer who shows up on TV every week, Mick Foley is still signed with WWE so the company can use him whenever it so chooses. That works well for specials like "Old School" Raw and will be especially valuable once the WWE Network is up and off the ground.
Now, though, the "Hardcore Legend" reveals his contract is coming up soon. The good news is it looks like he'll still be working with WWE, just not in the same way he did before.
From his Facebook (read the rest by clicking here):
Yes, it looks like I will be sticking around a while. It's probably foolish for me to even think about leaving WWE, especially knowing that whether I'm officially with them or not, they are always going to be part of me. I tried, really tried to distance myself from WWE a couple of times - at one point, I didn't do anything at all with them gor over a year and a half (October 2001 - May 2003) and during all that time, in the hearts and minds of fans, I was still a WWE guy. Well, with the exception of one excited kid in New Hampshire who yelled out, "you're the guy from Robot Wars" and a stunned UK memorabilia collector, who was overjoyed to meet his favorite novelist.
My official contract with WWE runs out soon, but we have mutually agreed to continue to work together on a case-by-case handshake deal - the same way I did some of my best work (remember the 2004 Randy Orton program) with WWE in the past. The only minor difference (other than not getting a weekly check...ouch) is that I will work prospective WWE dates and projects around my schedule, instead of working my schedule around prospective dates. With the success of my live shows (thanks everyone) I needed more flexability in my schedule. But WWE has shown some interest in partnering with me on these live shows in the future, and a WWE produced, first-class, multi-media one-man Mick Foley show has always been my long-term goal. As WWE showed with the roll-out of the new network, when they go into something, they go ALL in - and I'm crossing my fingers, hoping they'll go ALL in on a fall 2014 15th anniversary "HAVE A NICE DAY" production - even if it's just for a limited run.
Foley has been doing more and more stand up dates working as a comedian and various other Q&A gimmicks that so many wrestlers and former managers have found success with. So while he may not be as valuable an asset as an active wrestler, he's still a strong performer who can provide entertainment through other means.
Wouldn't you watch a one-hour stand up comedy special starring Foley on the WWE Network?