According to multiple sources, Kerr, 30, is being let go as a Victoria's Secret Angel after her $1 million, three-year contract "was not renewed." The reason for the sudden split? One source tells Us that Kerr "has a difficult reputation."
The Australian beauty, who is mother to 2-year-old Flynn with husband Orlando Bloom, 36, is also reportedly "not a big seller for VS," while other Angels, like Candice Swanepoel and Alessandra Ambrosio, are.
"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," the first source said.
Executives from Victoria's Secret wouldn't deny that the contract has not been renewed, but chief marketing officer Ed Razek tells Us that he has already invited Kerr to walk in the 2013 show.
"We have no plans to stop working with her," he said.
For access to all our exclusive celebrity videos and interviews – Subscribe on Youtube!