Mauro Ranallo has signed a new WWE deal and will now be the voice of NXT, replacing Tom Phillips, who WWE most likely would like to focus on SmackDown. Phillips was also recently replaced on 205 Live by newcomer Vic Joseph.
Phillips had this to say on Twitter:
It has been one of the great joys of my career to be a part of NXT since 2012. I am eternally grateful for the opportunity!
— Tom Phillips (@TomPhillipsWWE) June 23, 2017