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In surprising news of the day, Victoria’s Secret has decided not to renew Miranda Kerr’s contract. Sources say the reason they let her $1M three-year contract expire is because she’s “not a big seller for VS.” Unlike other Angels such as Candice Swanepoel and Alessandra Ambrosio.

But what does this mean for us? The average person who wants to see Miranda Kerr walk around in lingerie?! “They can still use her for catalogue, where she will get a day rate, but she doesn’t have to be an Angel to do that,” said the source.

And the Victoria’s Secret Fashion Show? What about that?! Not to worry closet pervert, chief marketing officer Ed Razek says he’s already invited Kerr to walk the 2013 show. “We have no plans to stop working with her,” he said. Well, except for them not renewing her contract. Other than that, he means.