DEVELOPING: Ray Rice Waived And Suspended After Video Release (UPDATED W/Fan Reax)

((HT: TMZ Sports))

Yeah, okay, it was as bad as we all thought...

After the Sunday Night football game, TMZ Sports released the Ray Rice video and it's pretty graphic...

Ray Rice -- ELEVATOR KNOCKOUT ... Fiancee Takes Crushing Punch [Video]
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The NFL league office claimed that they had not seen the elevator video where Rice had allegedly assaulted his then fiancee, but then it was released. The league wasted no time in suspending him indefinitely after the Ravens waived him.

Simply put by the Ravens on their Twitter:

The Ravens have terminated RB Ray Rice's contract this afternoon.

The Shield followed up with, on their Twitter through spokesman Greg Aiello:

Roger Goodell has announced that based on new video evidence that became available today he has
indefinitely suspended Ray Rice.

A lot of different media sources are calling "shenanigans" that the league didn't know this was what was on the tape. But Jay Glazer had maintained from the beginning that this was the case and, thus, the two-game punishment.

Now, the Ravens will have to retool their offense for an entire season and, possibly, hit the market looking for a tailback that can get quality yards...

CBS Baltimore's Mike Hellgren has fan reaction from the town