TNA News: Eric Bischoff reveals how much time he and Hulk Hogan have on their TNA contracts, comments the Hogan Twitter hoax

TNA consultant Eric Bischoff told Slam Wrestling that there's nothing to the Hulk Hogan Twitter hoax that took place on Wednesday. "Yes, I am with TNA," Bischoff told Slam Wrestling. "I was in Orlando today having a creative meeting with Matt Conway and Vince Russo. Hulk is still with TNA," he continued. "We have a contract for two years, and we plan on fulfilling our contract."

Bischoff also commented on the person who posed as Hogan on Twitter. "It is probably a 16-year-old dweeb that doesn’t have anything better to do,” Bischoff said. "I am 99 percent sure that there is no validity behind it and the person does not work for TNA." To read the full story, visit Slam.Canoe.ca. [Thanks to Dot Net reader Ben Hough]

Powell's POV: It's newsworthy that Bischoff revealed that he and Hogan are working on two-year deals. He declined to comment on that topic when I've spoken with him in the past. Bischoff also discussed the debut of TNA Reaction, which starts tonight at 10 p.m. CT on Spike TV, and explained why he and Bubba The Love Sponge verified the fake Hogan Twitter account.