The TNA website features a story on the signing of Hulk Hogan. "Hulkamania” is back," reads the story. "The biggest name in professional wrestling history, Hulk Hogan, is joining Total Non-Stop Action Wrestling (TNA), the fastest rising wrestling organization in the world and home to one of cable television’s highest rated shows for young men, TNA Impact! The announcement was made today by TNA Wrestling in conjunction with Spike TV at a press conference held in New York City."

Hogan also commented on the story. "“I’m thrilled to be jumping back into the world of professional wrestling,” Hogan said. “My fans have been asking me to return to the business for many years on a full time basis, but the timing or the opportunity has never been right until now. TNA Wrestling is a great company with an already excellent fan base, business and broadcast partner. I firmly believe now is the time for some change at TNA as they are positioned to jump to the next level in their development and I’m here to work with Dixie (Carter) to help make that a reality.” To read the full story, visit TNAwrestling.com.

Powell's POV: This is the one of the biggest news stories of the year and it will be very interesting to see what the fallout is in terms of the creative structure. Eric Bischoff is joining Hogan in some capacity, and we all know that the two are not big fans of creative team leader Vince Russo.

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