Gisele BÃ¼ndchen and Victoria’s Secret Part Ways

Gisele BÃ¼ndchen and Victoria’s Secret are parting ways.

Gisele BÃ¼ndchen & Victoria Secret Part Ways - PIC

After much speculation as to whether Bundchen, 26, would extend her multi-million dollar contract, her agent states, “Gisele’s contract is finished.”

On Tuesday the New York Post’s Page Six reported that Bundchen was splitting with the lingerie company because it wouldn’t raise her $5 million-a-year salary.

But Bundchen had shown signs of wanting to move on as early as last year. At November’s Victoria’s Secret Fashion Show in Los Angeles, she said, “They’re really nice clients. I’ve been working with them for seven years, so it’s kind of like they become part of your family.”

Nevertheless, she said she was in the mood for a change: “I would like to have different chapters in my life. I mean let’s be honest â€“ I do this because it’s my job.”

And perhaps now people will get to glimpse another side of her. “I’m not this girl all the time,” she said. “People have a perception of me because of Victoria’s Secret that I’m sexy, but I’m not a sexy girl. I’m very tomboyish.”