UPDATED: PWInsider reports that McGuiness is still with Ring of Honor and his “resignation” is a storyline one, and that McGuiness is still with the company.

According to the side, the move was done in case McGuiness is needed for a commentary role if Steve Corino does leave at the end of the month. It would also make it easier for the company to write him out should he have an offer with WWE, although there’s no word as to whether that’s the case.

ORIGINAL: Ring of Honor has announced that Nigel McGuiness has resigned from his position of matchmaker. The company sent out an official statement announcing that the company acceptd his resignation this evening. You can see the post from ROHWrestling.com below.

McGuiness returned to the company in 2011 after his TNA run and did a retirement tour before he stepped away from in-ring competition due to medical issues and became a commentator and then the on-screen matchmaker.

“Earlier this evening, with heavy hearts, Ring of Honor officials accepted the resignation of ROH Matchmaker Nigel McGuinness.

Speculation surrounding McGuinness’ sudden resignation has begun to boil among ROH officials. While some chastised his leniency toward Bullet Club’s behavior in the summer, others believe that now McGuinness may be under extreme duress from Bullet Club’s Adam Cole for changing the stipulations of the Final Battle main event just days in advance.

One of ROH’s all-time greats, the former ROH World Champion has resigned. ROH management has announced it is forming an executive committee to oversee matchmaking in ROH. We wish Nigel McGuinness the best of luck in his future.”