“We are devastated by Tyre’s death. We have listened to the wishes of Tyre’s family and the community, and have made the decision to take down the FreeFall,” Armstrong said in a statement. “In addition, Orlando Slingshot will honor Tyre and his legacy in the classroom and on the football field by creating a scholarship in his name.”

The company did not provide a timeline for the ride’s demise Thursday, saying it was pending approval from all the parties involved and state regulatory agencies. Details about the scholarship weren’t yet available."