According to The Wrestling Observer, top Indy star Ricochet was not offered a WWE deal following a recent tryout at the Performance Center. Despite his ring work reportedly being excellent, a source in developmental noted Richochet was a victim of timing and circumstance.
Apparently when Ricochet came in for the tryout, younger wrestlers in developmental reacted to him like he was a big deal, but to WWE, he's just a guy who they don't know. Because officials knew little of Ricochet, and he received the reaction he did, that was strike one. NXT producer/agent Jamie Noble then outright told officials Ricochet is something special, but apparently Noble's vote of confidence did little to help Ricochet.
In the end, while Ricochet received high marks from those who judge talents at the tryouts, the decision was NXT already had too many guys of Ricochet's size in developmental and they had more than their quota of high flyers, so Ricochet was not offered a deal.