Miranda Kerr: Planning to Step Down as Victoria's Secret Angel?

Miranda Kerr steps out one day after Victoria’s Secret contract rumors came to light on Thursday (April 11) in Los Angeles.

The 29-year-old model held hands with her adorable son Flynn, 2, as the two headed inside a building – how adorable does Flynn look in that hat!

Miranda‘s Victoria’s Secret Angel contract was called into question the day before – but a statement from the brand made it clear that the two will continue their relationship together.

A source has told Page Six that Miranda plans to step down.

“While she loves Victoria’s Secret, the time commitment they needed from her as an Angel became too much for her to fulfill,” the source reportedly learned. “Exactly the same thing happened with Gisele Bundchen and Heidi Klum – their careers became huge, and there were other opportunities which made being an Angel full-time impossible.”

As nothing has been confirmed, stay tuned for the latest about Miranda Kerr‘s position at Victoria’s Secret!