Santos Escobar, one of WWE’s prominent Latino stars and former leader of Legado Del Fantasma, is reportedly set to leave WWE as his contract expires at midnight on October 7, 2025. Despite WWE making new offers that included a pay raise, Escobar has declined those, signaling a clear intent to move on from the company[1][2]. This development has sparked widespread speculation about his future and the potential impact on WWE’s Latino talent division.
Contract Expiry Signals End of an Era for Legado Del Fantasma
Escobar’s WWE contract expiration marks a pivotal moment, especially since he hasn’t appeared on WWE programming since his match against Rey Mysterio in May 2025 or participated in any official bouts after a WWE SuperShow in Mexico in July 2025[1]. According to sources close to WWE, his departure effectively disbands the Legado Del Fantasma faction, with no indications of the group continuing without him.
A WWE insider commented, “Santos was given every opportunity to stay, including an increase in pay and creative support, but he feels it’s time to explore new horizons. The company respects his decision and wishes him the best moving forward.” This insider note suggests that WWE valued Escobar but was unable to meet his artistic or career goals fully[2].
What Led to Santos Escobar Declining WWE’s Offer?
Escobar’s decision to turn down WWE’s contract renewal offer reportedly stems from his desire for a fresh start and possibly more creative freedom. Inside sources say that while the company tried to entice him with improved terms, Escobar has been thoughtful about his next career steps and is not interested in a short-term or limited role.
Escobar’s absence from WWE TV throughout late 2025 fueled the rumors of unhappiness or creative dissatisfaction. According to one backstage source, “He’s a wrestler who has a lot more to give and wants to do it on his own terms. WWE couldn’t promise the direction or exposure he’s looking for.” This sentiment underscores how the environment in WWE creatively might no longer align with Escobar’s professional aspirations.
Interest from AEW and Other Promotions
As Escobar prepares to become a free agent, major promotions like AEW and renowned Mexican company CMLL have already expressed interest in acquiring his services[2]. His style, charisma, and leadership qualities make him a coveted figure on the independent and global circuits.
There is also talk of potential reunion scenarios with former Legado Del Fantasma teammate Elektra Lopez, who was released by WWE earlier this year, possibly in the independents or another major promotion. The cumulative buzz places Escobar among the most sought-after free agents in wrestling this fall.
Potential Impact on WWE’s Latino Talent Landscape
Escobar’s departure could leave a noticeable vacuum in WWE’s Latino talent representation. He has been instrumental in bringing authentic Lucha Libre style and Latin culture to WWE’s programming. His leadership of Legado Del Fantasma also helped elevate new Latinx talent on NXT and SmackDown.
WWE insiders believe the company will need to recalibrate its Latino-focused storylines, talent pushes, and possibly introduce new stars to fill Escobar’s void. Given WWE’s recent releases and talent shifts, Escobar’s exit might accelerate the landscape’s transformation.
Looking Ahead: What’s Next for Santos Escobar?
Santos Escobar’s future plans remain officially unannounced, but his options appear vast. AEW, with its growing Latino roster and more open creative environment, represents a logical destination. CMLL could see his return as a major coup, reinforcing his stature as a Lucha Libre icon.
Additionally, the burgeoning independent scene, especially in the U.S. and Mexico, offers lucrative and creatively rewarding possibilities. Escobar’s combination of in-ring skill, promo ability, and fan support positions him well for success outside WWE.
Final Thoughts from the Wrestling World
According to a wrestling industry source familiar with the situation, “Santos is at a crossroads. He’s got the experience, the name recognition, and the skill set to reinvent himself wherever he goes. WWE tried to keep him, but it wasn’t just about the money — it was about the opportunity to keep growing.”
Fans and analysts alike are watching closely as October 7 passes, marking Escobar’s official free-agent status. His next move could be one of the most exciting wrestling storylines of late 2025 and may influence how companies value top Latino stars in the near future.
Santos Escobar’s exit from WWE not only ends a significant chapter for Legado Del Fantasma but also opens a door for fresh opportunities — both for him and the wrestling industry eager to tap into his talent and appeal[1][2][3].