The following is from WWE.com:
"Daniel Bryan released
WWE has come to terms on the release of NXT first season rookie Daniel Bryan (Bryan Danielson) as of today June 11, 2010. We wish Daniel Bryan the best in all future endeavors."
There has been speculation that Bryan’s release is a work, and that WWE is continuing the NXT invasion story line. However, this appears NOT to be the case. To read more backstage details behind the release of Bryan Danielson, you can CLICK HERE.