Rey Mysterio’s contract expired with WWE a few weeks ago but Vince McMahon has renewed it for one year. There was no option for the contract to be renewed for a year but apparently when a wrestler goes out on injury the contract can be frozen if the company decides to do so.
WWE feels as if Rey owes them time due to the fact that he’s been out with so many injuries recently. After the renewal he is currently scheduled to be with WWE through May of 2015. Rey is currently out with a hand injury and there’s no projected timeline for his in ring return.