Official Statement:

Omega Pharma - Quick-Step Cycling Team announces that the contract with Mr Leipheimer has been terminated, effective immediately.

We commend the rider for his open co-operation with USADA and contribution to cleaning up the sport of cycling. However, in the light of the disclosures made by Mr Leipheimer in his public statement on 10th of October the team has decided to terminate the contract.
This decision has the full support of the team owner, the board represented by Mr Bessel Kok and team manager Mr Patrick Lefevere.

CN Article: Omega Pharma-Quickstep terminates Leipheimer contract

So Levi is gone. Will someone give him a ride for next year?

Can't feel good about this to be honest, even with someone of Levi's past, it's not really a positive message to send about coming clean. Omertà Pharma-QuickSack aren't exactly perfectly pure either....