As noted before, WWE officials still aren’t sure what to do with the ECW Title. While ECW is going away, the belt may be kept around in some way. Some within WWE are lobbying for the belt to be kept around but the final decision will be Vince McMahon’s. Those in favor of keeping the belt feel that it can still be used as an attraction for secondary pay-per-view undercards.
As revealed on RAW, the current ECW roster will become "free agents" after ECW ends. While nothing is confirmed, it is worth noting that there are reports that WWE will be holding their annual Draft after WrestleMania and it is a possibility that they could remain "free agents" until the Draft.