Professional wrestling legend Sting and WWE have seemingly parted ways ... the former WCW Champion had been pulled from a line of toys, with manufacturers Mattel releasing an official statement.

WWE has two more Europe-based episodes of the red brand before returning stateside ... company officials are hoping fellow Hall of Famer, Sting, will be the guy to induct him.

Sting would become one of the biggest-selling stars almost instantly, and the apparel and toys with his likeness would have the numbers through the roof. Whatever the WWE has to pay Sting to get ...