MTV is going to cancel TRL. They are not going to announce it yet because they want to come up with a program that is going to keep all those impressionable young minds glued to their television on weekday afternoons. So with no TRL, what to do with Vanessa Minnillo? Well you can fire her and make her look bad and probably tick some people off. You can let her quit which then will allow her to say that she loved her time at MTV, but had outgrown the format and really wanted to see what else was out there. (E!, Access Hollywood, ET). Then there is the mutual decision not to renew a contract. Well it is pretty tough to renew a contract when the show is gone. So, Vanessa will quit, move to LA and start redecorating Nick's place pretty quick. Are you ready for her Nick?