Foley himself had this to say on his official Twitter (realmickfoley) earlier today:
I pushed hard for changes I felt would benefit Impact Wrestling. I can understand how some would interpret that as difficult to work with.
It will be interesting to see where Foley lands. He was a solid color commentator for SmackDown, but apparently didn't enjoy that job. Foley, much like Flair, is a guy who can still get an angle over with his promo ability. Much like Flair, Foley is a guy I have zero desire to see in the ring.
All-in-all, this is another in the long line of TNA failures. We'll see where they go from here. On the brightside, they still have Hogan, Bischoff and Dixie Carter....