The legendary announcer’s current deal will expires on March 29.
And even though he says some people “surrounding McMahon” do not believe, the veteran insisted he “still has a lot to offer to the business”.
Speaking on this week’s edition of his Ross Report podcast, Good Ol’ JR said: “I'm 67, I still feel I can get the job done doing wrestling play-by-play and I want to explore that opportunity and possibility.
“I’ll be moving on in a positive way, nothing but good things to say about everyone involved.
“You know, I have my critics in WWE as we all do, as people do when you're there for very long. It's a very unique community and I have no regrets.
“The smartest thing I ever did was come to work for Vince McMahon in 1993.”
Speculation will now mount that the BBQ-loving commentator, who became an icon at ringside alongside Jerry “The King” Lawler throughout the Attitude Era on the 90s, could be set for a move to the recently-launched All Elite Wrestling.
GOD'S GREATEST CREATION Mandy Rose hoping for TWO titles around her waist at WrestleMania
And he said: “I don't think I'll be out of work long.”
Ross left WWE in 2013 but returned on a two-year contract in 2017 after the sudden death of his wife Jan.
He called the action on Undertaker’s memorable loss to Roman Reigns at WrestleMania 33 and has also provided commentary on the Mae Young Classic.
JR and “The King” also reunited in January 2018 for the 25th anniversary special of Monday Night Raw.
His last appearance on WWE TV was as a pre-show guest for the Greatest Royal Rumble event in Saudi Arabia last April.
WRESTLEMANIA 35 – How can you be there?
ALL rise for The Showcase Of The Immortals!
WWE's annual showpiece WrestleMania takes place on April 7 from the MetLife Stadium in New Jersey, but when can you get tickets for it?
And what is the best way to get there from the UK?
Click here to find out all you need to know so you can start planning your trip.
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