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Have Low Ki & Dos Caras Jr. Been Released From WWE?

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— We’ve got updates on two of WWE’s developmental stars who have not been seen in quite some time.

In an update on WWE developmental wrestler Alberto Banderas (Dos Caras, Jr.), he has not been released by the company. Some have speculated he was gone because his picture no longer appears on the Florida Championship Wrestling website.  He is presently inactive due to injury.

Former TNA & ROH wrestler Low Ki (known as Kawal in developmental) is still out recovering from reconstructive knee surgery. He is also still under contact to World Wrestling Entertainment.

— Last Saturday’s tri-branded WWE live event in College Station, Pennsylvania drew 4,000 fans. The show saw John Cena, Montel Vontavious Porter and Mark Henry beat Randy Orton, Cody Rhodes and Ted DiBiase in the main event.

— The WWE website has an article on how Donna Stinson, a fourth-grade teacher, put WWE Kids magazine to good use in her classroom.

(Credit to Wrestling Observer Newsletter for some of the information used in this report)

Hogan Explains Why He Chose TNA Over WWE & His Goals

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In an interview with Time Magazine, Hulk Hogan says that he chose to partner with TNA Wrestling instead of returning to World Wrestling Entertainment mostly because he wants to help the younger generation of wrestlers.

“When I woke up and realized I should be my own man and be responsible for being happy, I realized I still have a lot to contribute to the wrestling business,” Hogan said. “And jumping into TNA and being a part of that company is huge. I have a chance to give back and help these young wrestlers who don’t understand the business and the art form.”

Hogan explains how the business has changed dramatically since the 1980s. “The business moves so much faster now,” he responded. “It used to be if Andre the Giant and I had a feud, it’d probably play out six or seven months later at a big event. Nowadays, if Andre the Giant and Hulk Hogan have a feud at 9 o’clock, it’s usually over by 9:30. It’s a story-telling art form to create emotion and drama and I just think a lot of that is lost.”

Here’s a classic Hogan quote .. The interviewer asked him about steroids, and how commonplace they were in the industry when he was coming up. Hogan said, “I just drank an iced tea here with lunch. If next year they say iced tea is worse than steroids, I’ll probably quit drinking that too. But at the time it was legal, just like drinking an iced tea is legal.

To read the full interview, visit Time.com.

Hogan Explains Why He Chose TNA Over WWE & His Goals

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In an interview with Time Magazine, Hulk Hogan says that he chose to partner with TNA Wrestling instead of returning to World Wrestling Entertainment mostly because he wants to help the younger generation of wrestlers.

“When I woke up and realized I should be my own man and be responsible for being happy, I realized I still have a lot to contribute to the wrestling business,” Hogan said. “And jumping into TNA and being a part of that company is huge. I have a chance to give back and help these young wrestlers who don’t understand the business and the art form.”

Hogan explains how the business has changed dramatically since the 1980s. “The business moves so much faster now,” he responded. “It used to be if Andre the Giant and I had a feud, it’d probably play out six or seven months later at a big event. Nowadays, if Andre the Giant and Hulk Hogan have a feud at 9 o’clock, it’s usually over by 9:30. It’s a story-telling art form to create emotion and drama and I just think a lot of that is lost.”

Here’s a classic Hogan quote .. The interviewer asked him about steroids, and how commonplace they were in the industry when he was coming up. Hogan said, “I just drank an iced tea here with lunch. If next year they say iced tea is worse than steroids, I’ll probably quit drinking that too. But at the time it was legal, just like drinking an iced tea is legal.

To read the full interview, visit Time.com.

WWE Star's New Masked Gimmick, New ECW Announcer

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— DJ Gabriel, who has not appeared in a WWE ring since April, has begun donning a mask and going under the name “Mr. FCW” in Florida Championship Wrestling. (source: PWInsider.com)

— WWE.com has added a profile on new ECW commentator Byron Saxton. He debuted this past Tuesday due to Jim Ross’ recent Bell’s palsy attack, resulting in an announcer shuffle.

— The first Smackdown & ECW taping of 2010 will be held at Freedom Hall in Louisville, Kentucky on January 5th, 2010. Tickets go on sale November 21st, 2009 at 10 AM. Go to http://sportsentertainmentevents.tk or http://prowrestlingevents.webs.com for info about upcoming wrestling shows worldwide. (Thanks to Devin Cutting)

Future Raw Guest Host Revealed, Jeff Hardy & Dixie On Twitter

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— The UK Sun is reporting that boxer Ricky Hatton will be guest hosting WWE Raw on 11/9 from the UK’s Sheffield Arena. Hatton will be the second boxer to host Raw after his recent opponent Floyd Mayweather Jr appeared held the job back in August.

— TNA president Dixie Carter has joined Twitter at Twitter.com/TNADixie. Her first post detailed an eventful day at TNA headquarters. “Celebrated the Hogan signing at staff meeting this morning with champagne and donuts” Carter called it “a new beginning for TNA!”

— Speaking of Twitter, former WWE superstar Jeff Hardy’s Twitter page is now back online at Twitter.com/jeffhardybrand. He has not added any posts yet. The page was taken down shortly after his drug arrest on September 11th.

Future Raw Guest Host Revealed, Jeff Hardy & Dixie On Twitter

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— The UK Sun is reporting that boxer Ricky Hatton will be guest hosting WWE Raw on 11/9 from the UK’s Sheffield Arena. Hatton will be the second boxer to host Raw after his recent opponent Floyd Mayweather Jr appeared held the job back in August.

— TNA president Dixie Carter has joined Twitter at Twitter.com/TNADixie. Her first post detailed an eventful day at TNA headquarters. “Celebrated the Hogan signing at staff meeting this morning with champagne and donuts” Carter called it “a new beginning for TNA!”

— Speaking of Twitter, former WWE superstar Jeff Hardy’s Twitter page is now back online at Twitter.com/jeffhardybrand. He has not added any posts yet. The page was taken down shortly after his drug arrest on September 11th.

Flair & Hogan Removed From WWE.com's Alumni Section

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Following the announcement that Hulk Hogan will now be working with TNA Wrestling, there have been some curious changes to WWE.com that are worth noting.

Both Hulk Hogan and Ric Flair’s profiles have been removed from the Alumni section of WWE.com. Eric Bischoff, who will be joining Hulk Hogan in working with TNA, still has a profile on the Alumni page.

While its somewhat understandable why Hogan’s profile would be taken down now that he’s working for WWE’s top competitor, there hasn’t really been anything newsworthy with Ric Flair in recent days. While he is wrestling next month despite WWE’s grand sendoff last year at WrestleMania, this has been known for quite some time.

Flair & Hogan Removed From WWE.com’s Alumni Section

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Following the announcement that Hulk Hogan will now be working with TNA Wrestling, there have been some curious changes to WWE.com that are worth noting.

Both Hulk Hogan and Ric Flair’s profiles have been removed from the Alumni section of WWE.com. Eric Bischoff, who will be joining Hulk Hogan in working with TNA, still has a profile on the Alumni page.

While its somewhat understandable why Hogan’s profile would be taken down now that he’s working for WWE’s top competitor, there hasn’t really been anything newsworthy with Ric Flair in recent days. While he is wrestling next month despite WWE’s grand sendoff last year at WrestleMania, this has been known for quite some time.

Roddy Piper Hosting Raw & Wants To Wrestle Vince McMahon

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In an interview with IconvsIcon.com, WWE Hall of Famer Rowdy Roddy Piper says that he’ll be hosting an upcoming edition of WWE Raw. While Piper hosting WWE Raw seems to be an indication that everything is  fine between the two parties, that’s far from the case. Piper says he wasn’t happy with his involvement at WrestleMania 25 this April and wants to close his career on a better note.

“I wasn’t very happy with Wrestlemania XXV. In my mind, I want to put a cap on it as you say, with one more match, an extraordinary performance,” Piper said. “Ya know the clock is tickin’, let’s be honest, so sooner rather then later. So, I think if you saw me in Raw that it would be leading into that match. I don’t know what it is yet. But yeah, you are correct.”

Since WrestleMania back in April, Piper has been outspoken against WWE for booking him in a three-on-one handicap match with Ricky Steamboat and Jimmy Snuka against Chris Jericho. “I wasn’t wild about WrestleMania 25 to put it mildly. There’s not a chance in hell that that’s the last way you’re gonna see me,” Piper said on the Monday Night Mayhem radio show in August. “There will definitely be a return of Roddy Piper…and sooner than later. How many more fights I have in me, I don’t know.”

Piper knows that his days in the ring are virtually over, but he’s got an idea for one more high profile match that he’d like to see take place at WrestleMania 26 next year.  “You got Vince McMahon who’s done a great job of promoting, who became a bodybuilder, and the last I saw him, I think he’s convinced himself he could fight now,” Piper said. “I say this…why don’t you just put Roddy Piper and Vince McMahon in the ring.”

Roddy Piper Hosting Raw & Wants To Wrestle Vince McMahon

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In an interview with IconvsIcon.com, WWE Hall of Famer Rowdy Roddy Piper says that he’ll be hosting an upcoming edition of WWE Raw. While Piper hosting WWE Raw seems to be an indication that everything is  fine between the two parties, that’s far from the case. Piper says he wasn’t happy with his involvement at WrestleMania 25 this April and wants to close his career on a better note.

“I wasn’t very happy with Wrestlemania XXV. In my mind, I want to put a cap on it as you say, with one more match, an extraordinary performance,” Piper said. “Ya know the clock is tickin’, let’s be honest, so sooner rather then later. So, I think if you saw me in Raw that it would be leading into that match. I don’t know what it is yet. But yeah, you are correct.”

Since WrestleMania back in April, Piper has been outspoken against WWE for booking him in a three-on-one handicap match with Ricky Steamboat and Jimmy Snuka against Chris Jericho. “I wasn’t wild about WrestleMania 25 to put it mildly. There’s not a chance in hell that that’s the last way you’re gonna see me,” Piper said on the Monday Night Mayhem radio show in August. “There will definitely be a return of Roddy Piper…and sooner than later. How many more fights I have in me, I don’t know.”

Piper knows that his days in the ring are virtually over, but he’s got an idea for one more high profile match that he’d like to see take place at WrestleMania 26 next year.  “You got Vince McMahon who’s done a great job of promoting, who became a bodybuilder, and the last I saw him, I think he’s convinced himself he could fight now,” Piper said. “I say this…why don’t you just put Roddy Piper and Vince McMahon in the ring.”

Recap Of Hulk Hogan On Late Night w/ Jimmy Fallon

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Hulk Hogan appeared on NBC’s Late Night with Jimmy Fallon last night. Fallon plugged his book and his “long-awaited return to pro wrestling” during Hulk’s intro. Jimmy talks about how he had all of the Hulk Hogan merchandise like the bandanas and dolls.

First, they talk about his book. Hulk says that he bottomed out, and everything disappeared at once which is what lead to the book. He recalls when he was about to open up American Gladiators and received the phone call that his wife was filing for divorce right before he was about to head onto the stage. He talks about having two of the worst days of his life when he got into his “old wrestler mentality” with drinking and taking pills. He says his main message is that things are cool and things get better. He says Eric Bischoff and Jimmy Hart told him he needs to speak up about his situation after he was getting slammed in the tabloids for so many months.

He speaks on Lou Albano passing away and says he was a great friend of his.

Jimmy says that The Hulkster just announced that he’s back wrestling again. Hulk says he’s going to get his legs back in Australia, and is going to be working with TNA. He says there has only been one wrestling company for the fans to watch, and he wants to start things back up again. He says he thinks he knows a little something about the wrestling business and wants to talk to all of the young wrestlers. There was no mention of tonight’s TNA iMPACT on Spike TV.

BREAKING: Ric Flair To TNA; Full Details On Plans for Flair & Hulk [FULL REPORT >>]

Hulk Hogan The New Head Writer & "Boss" Of TNA Wrestling?

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Bubba The Love Sponge
Bubba The Love Sponge

Hulk Hogan’job role in TNA could be more than just appearing on television and the occasional match. Radio personality Bubba The Love Sponge has posted some comments on Twitter.com that stating that Hulk Hogan will have more power than virtually anybody in TNA.

Mr. Sponge wrote, “[Hogan] is the boss. Period. Him and Eric biscoff will run the show. Things are going to get interesting. Vince is going to have a shit fit.”

He later added, “The boss boss. No work. He wouldn’t go back to only be the work boss. He is the boss boss. Promise”

When asked by one of his Twitter follows what he meant by Hogan being the “boss”, he clarified by saying, “He is the Booker. Period. Saw it in his contract. Terry and Eric won’t make the same mistakes that they made at wcw.”

Hulk Hogan The New Head Writer & “Boss” Of TNA Wrestling?

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Bubba The Love Sponge
Bubba The Love Sponge

Hulk Hogan’job role in TNA could be more than just appearing on television and the occasional match. Radio personality Bubba The Love Sponge has posted some comments on Twitter.com that stating that Hulk Hogan will have more power than virtually anybody in TNA.

Mr. Sponge wrote, “[Hogan] is the boss. Period. Him and Eric biscoff will run the show. Things are going to get interesting. Vince is going to have a shit fit.”

He later added, “The boss boss. No work. He wouldn’t go back to only be the work boss. He is the boss boss. Promise”

When asked by one of his Twitter follows what he meant by Hogan being the “boss”, he clarified by saying, “He is the Booker. Period. Saw it in his contract. Terry and Eric won’t make the same mistakes that they made at wcw.”

Jim Ross Comments On Hulk Hogan Signing With TNA

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WWE Hall of Famer Jim Ross has updated his blog at JRsBarBQ.com with his thoughts on Hulk Hogan signing with TNA Wrestling and Hogan’s ability to keep hiimself in the spotlight:

“Hogan makes big news this week launching his new book, talking Australian tour, and briefly mentioning TNA on what I saw of his Larry King appearance Tuesday night of which ‘Ol Lar’ phoned it in.”

“Hulk Hogan is ALL over the news this week which re-establishes the premise that Hulk is one of the greatest, self promoters of all time…BROTHER! Now, that isn’t necessarily a bad thing as any independent contractor who is entrepreneurial in spirit such as a pro wrestler has to have the ability to promote one’s self in order to survive over time. Hogan is an old school guy, in many ways, so ‘keeping one’s self over’ is nothing new and many guys have raised that skill to an art form but none better than Hulk.

TNA & Spike TV Meeting Today About A Monday Night Show

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Hot of the heels of yesterday’s blockbuster news that Hulk Hogan and Eric Bischoff are now officially working with TNA Wrestling, there could be another industry-changing announcement brewing.

TNA Wrestling executives (including president Dixie Carter) were in New York City yesterday for Hulk Hogan’s Madison Square Garden press conference – but that’s not all they’re in town for.

SEScoops.com can confirm that TNA execs are meeting with Spike TV today in New York about moving TNA iMPACT! to Monday nights. From what we’re told, the show would air 8pm to 10pm, head-to-head with the first hour of WWE Raw.

We should have more on this story soon – possibly later today, so keep checking back for the latest.

TNA & Spike TV Meeting Today About A Monday Night Show

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Hot of the heels of yesterday’s blockbuster news that Hulk Hogan and Eric Bischoff are now officially working with TNA Wrestling, there could be another industry-changing announcement brewing.

TNA Wrestling executives (including president Dixie Carter) were in New York City yesterday for Hulk Hogan’s Madison Square Garden press conference – but that’s not all they’re in town for.

SEScoops.com can confirm that TNA execs are meeting with Spike TV today in New York about moving TNA iMPACT! to Monday nights. From what we’re told, the show would air 8pm to 10pm, head-to-head with the first hour of WWE Raw.

We should have more on this story soon – possibly later today, so keep checking back for the latest.

Hulk Says Vince Wanted Him To Host MSG Raw on 11/16

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WWE Hall of Famer Hulk Hoganwas a guest on the Howard Stern SiriusXM satellite radio show on Wednesday morning. There was

– Hogan confirmed what we reported earlier this year, that he had talks with WWE about facing John Cena at WrestleMania 25. The match never happened because Hogan pulled his back out while training.

– Hogan claims WWE CEO Vince McMahon contacted him recently about hosting an upcoming edition of WWE Raw. Ironically enough, Vince wanted Hogan to host WWE Raw on November 16th from Madison Square Garden – the location where Hogan held a press conference this week to announce he’s signed with TNA Wrestling.

– Hogan also claimed Vince McMahon wanted to begin the Hulk Hogan retirement tour, similar to what they did for Ric Flair last year. Hogan said he still feels he has plenty of gas left in the tank and doesn’t want to retire.

– Hulk said the main reason he signed with TNA Wrestling instead of going back to work for WWE is because Vince wanted to own the rights to the Hulk Hogan and Hulkamania names – which he wouldn’t do. He told Howard that Vince is probably not pleased with his decision to sign with TNA.

*Spoiler* Survivor Series World Hwt. Title Match Annoucned

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Warning: The following contains *SPOILERS* for Friday’s WWE SmackDown:

At Tuesday night’s WWE SmackDown tapings, Chris Jericho defeated Kane to earn a spot in the Survivor Series World Heavyweight title match. Jericho joins the Big Show in what is now a triple threat match for the Undertaker’s title.

With that match in place, here’s the updated card:

WWE Title Triple Threat Match:
John Cena (c) vs. Triple H vs. Shawn Michaels

World Heavyweight Championship Triple Threat Match
The Undertaker (c) vs. Big Show vs. Chris Jericho

The 23rd annual WWE  Survivor Series PPVtakes place on November 22nd from the the Verizon Center in Washington, D.C.

Hulk On Larry King: TNA, His Son Wrestling?, Suicide, More

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Hulk Hogan appeared on Larry King Live tonight on CNN to plug his new book, My Life Outside The Ring. The interview started off with Hulk explaining why he came out with the book now, saying that he wants to give people hope and show them that life is worth fighting for.

He says that he “crashed and burned” and his life as he knew it had changed when he walked into his house and it was completely empty. He says he prayed to be happy, and things changed instantly. He recounts the story where he came close to suicide but a friendly phone call from Layla Ali gave him hope. He talks about how he hardly knew her but she called to check on him because she saw how lost he was on the set of American Gladiators when he was served with the divorce papers. Larry got a quote from Ali who says she had no idea the shape he was in when she called her, but that the phone call was divine intervention.

He says they weren’t hiding anything on Hogan Knows Best, but rather were hoping that the show would bring them together. He says he has learned that life is beautiful, and he doesn’t retract anything in the book because it’s all the truth. Hulk briefly mentions that Linda is still with Charlie Hill, who went to school with his children.

Larry calls Hulk’s story “incredible” and says the book is sure to be a best-seller.

They show a clip of Nick Hogan on Brooke Knows Best talking about losing his mind in solitary confinement in jail. Hulk says Nick is a great kid and walks in the spirit of Christ. He says both Nick and Brooke are great kids, and what happened with Nick was an accident. Hulk’s lawyer says that Hulk has always wanted to take care of John Graziano, but they feel some people among John’s guardians have ulterior motives. He says Hulk is being sued because he co-owned the vehicle and allowed his son to drive it. He says Brooke is working on her career and doing great things.

Hulk says he’s handled all of the recent events in his life by going back to a place that was real, and that was back of inside himself to find the spirit of Christ. He says that he already possesses everything he needs to be happy inside him, and now he attracts positive things because he‘s realized that.

They show footage from Hulk Hogan’s press conference at Madison Square Garden today. They show a bunch of fans wearing their Hulkamania gear and that one guy with a huge Hulk Hogan tattoo on his back. Larry mentions that Hulk has signed with TNA, and asks if Hulk will get back in the ring. Hulk says he is going to contribute as much as he can in TNA and take the business to a whole new level. He says he’s going to test out his legs in the ring in Australia before he decides if he’ll get in the TNA ring or not.

On the subject of steroids, he says when he got in the business everyone was using them and it was the norm. He says around 1988-1990 people got educated on it and realized it wasn’t necessary.

Hulk says Nick Hogan is heading out to Rikishi’s wrestling school in north Hollywood in his spare time and is learning the ropes. He thinks Nick is curious about what attracted his dad to the wrestling business all those years and wants to get in shape.

To close off the segment, Hulk says he wants to do a reality show where they find the next Hulk Hogan, like American Idol for wrestling.

BREAKING: Ric Flair To TNA; Full Details On Plans for Flair & Hulk [FULL REPORT >>]

WWE's Upcoming Hulk Hogan DVD Release, New WWE Storyline

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— TNA Wrestling’s signing of Hulk Hogan has instantly put World Wrestling Entertainment in a troubling dilemma as their three-disc DVD set on the wrestling legend, Hulk Hogan’s Unreleased Collector’s Series, is due for release mere weeks from now.

Whenever a former WWE star signs on with TNA, they instantly become persona non grata in the company. For instance, the WWE website removed both Mick Foley and Victoria’s profiles from its Alumni section shortly after their respective arrivals in TNA. Also, fan signs bearing the names of former WWE wrestlers in TNA are quickly confiscated by security and company personnel at live events. However, WWE has never dealt with having to release a major product on a performer employed to the competition before.

The DVD set, which features some of the rarest matches and moments from the WWE Hall of Famer’s career for the first time, is set for release three weeks from now. It is highly unlikely that the DVD set will be pulled considering production of the title has more than likely been finalized by now. Furthermore, WWE DVD titles often begin circulating weeks before their official street date, so the title should be due for shipment any day now — if it hasn’t already. As a result, WWE pretty much has no choice but to release the DVD set and promote it properly, otherwise they’ll cost themselves millions of dollars.

The cover of the DVD was recently released, and you can see it at the following link.

— Eve Torres’ angle with The Miz last night on Raw was not a one-time occurrence as it was actually the beginning of a long-term storyline WWE has planned for both parties. (source: www.f4wonline.com).

— WWE returns to the US Bank Arena in Cincinnati, Ohio on January 26th, 2010. Tickets go on sale December 5th, 2009 at 10 AM. Go to http://sportsentertainmentevents.tk or http://prowrestlingevents.webs.com for info about upcoming wrestling shows worldwide. (Thanks to Devin Cutting)

Eric Bischoff's Past Comments Slamming TNA Wrestling

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As noted this afternoon, Eric Bischoff is reportedly joining Total Nonstop Action Wrestling alongside the one and only Hulk Hogan. His apparent arrival in the organization comes as a bit of surprise considering he has been quite critical of the organization in recent years. Time and time again, the former Vice President of World Championship Wrestling has labeled the organization as a minor league operation and questioned its creative direction. More recently, Bischoff told The Sun this past February that him nor Hogan were interested in joining TNA.

“It’s a small organization that doesn’t have very much vision,” Bischoff said.

Likely targeting Vince Russo, Bischoff added he wouldn’t want to work with people in the creative process “that couldn’t get a job in WWE or shouldn’t have had a job in WCW.”

Bischoff continued: “There’s no vision for that company. They are people who have never been to the dance. They’ve never been a part, really, of any of the decision-making processes that led to the success of the industry. Some of them happen to have been working there while other people did it, but have never really done it for themselves. They just don’t have the feel for it. So that’s the reason we wouldn’t want to be there.”

To read the interview in its entirety, click here.

More on Hogan Signing with TNA, Bringing Bischoff Too?

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Credit: PWInsider.com

For those who have asked whether Hulk Hogan and Eric Bischoff coming into the company means they are going to take the reigns of TNA, I am told, “absolutely not.” The signing is not a precursor to removing the current TNA creative team. Given Vince Russo’s past issues with Hogan, that is going to be extremely interesting to follow.

There are SpikeTV and TNA banners up at the Hogan press conference outside Madison Square Garden right now. Jimmy Hart is with Hogan as well. The signing was kept a secret to even the inner-most members of the TNA circle until today.

The press conference today featured Eric Bischoff introducing Hogan. Hogan talked about TNA and stated he was becoming a “partner” in the company and that he was feeling great and looking forward to being a part of the company. The conference left the impression Hogan may be involved as a personality, but not wrestling for the group.

TNA President Dixie Carter gave a short speech saying she was looking forward to working with Hogan and that while they have great ratings for a Thursday night, Hogan would be the “boost that TNA needed.” SpikeTV’s Kevin Kay was also in attendance and gave a brief statement about the network working with Hogan.

The Q&A session was said to mostly be fluff fan type questions, although one fan did ask Hogan whether working with Vince Russo would be an issue. Hogan responded that as long as Russo stayed in his place and didn’t cross him, there would be no issues. Hogan then said that if he did, Hogan would have to take care of it.

When the topic of Eric Bischoff came up, Hogan did not say Bischoff was working with him in TNA but noted they have other side projects they are working on.

Breaking News: Hulk Hogan Signs With TNA Wrestling

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The details are still coming in, but I’ve received word that Hulk Hogan has signed a contract with TNA Wrestling and will announce the deal this afternoon at a press conference from Madison Square Garden in New York City.

A source who is at Madison Square Garden has informed us that TNA Wrestling president Dixie Carter as well as several top TNA executives are at MSG for the announcement. There are Spike TV & TNA Wrestling banners at the press conference – this is about to go down in a BIG way.

UPDATE: PWInsider.com is now reporting that Eric Bischoff will be joining Hulk Hogan in TNA as well.

More on this story as it develops … Keep checking back throughout the day.