It was speculated that WWE did this angle to write Matt off TV as his contract reportedly expires on Sunday, March 1.
In an update, Matt is done with WWE and this was the segment to write him out of the storylines, according to a new report from Ryan Satin of Pro Wrestling Sheet and WWE Backstage.
Matt tweeted a goodbye message to his fans after RAW and linked them to the latest "Free The Delete" episode seen below, which includes a possible teaser on him being "The Exalted One" for The Dark Order in AEW.
There's been no word on a possible last minute deal between WWE and Matt, but it's been reported that creative differences are a "major hurdle" in the contract negotiations, not pay.
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