The following is from WWE.com:
Candice Michelle released
World Wrestling Entertainment has come to terms on the release of SmackDown Superstar Candice Michelle as of today, June 19, 2009. WWE wishes Candice the best in all future endeavors.
WRESTLEZONE UPDATE: We have posted an exclusive backstage update on the reason for Candice Michelle’s WWE release, which you can read HERE.
WRESTLEZONE UPDATE #2: We have posted a detailed blog Candice Michelle put up on WWE Universe, which was subsequently deleted by WWE and can no longer be seen on WWE.com. You can still read it however, here on WrestleZone HERE.