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Holly was sort of like the "anti-Venis." He really connected to the fans, but just wasn't as good in the ring, as good on the mic or as easy to work with. If Venis was cut, it really doesn't surprise me that Holly went.
I used to be a mark for Holly, I really did. I thought he was charismatic, and a damn solid and likable worker. Then he tainted his image with his shit with Matt Cappotelli and Rene Dupree, etc. He just doesn't strike me as a functioning member of society. If the WWE wants to move away from the carny image, getting rid of guys who uphold it like Hardcore Holly would be a good move.
Hopefully the man saved his money, because he would have gotten enough of it over the years to live pretty comfortably on (medical issues aside). I believe that he was the oldest active talent under full-time contract to the WWE (Hacksaw is older, but only appears occasionally), and given that he never really accomplished too much, it made sense to cut him.
There was potential for him to team with Goldust, or something, against Cody Rhodes & Ted DiBiase (which would have been comedic gold, to be honest), but Holly apparently taped some backstage promos that were too shit to air. At this stage of his career, that's just not really acceptable.
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