Hulk Hogan Fired from WWE After Reports of Racist Rant

The WWE has fired Hulk Hogan after reports surfaced that the wrestling legend went on a racist N-word-filled tirade.

"WWE terminated its contract with Terry Bollea (aka Hulk Hogan)," the company said in a statement Friday morning. "WWE is committed to embracing and celebrating individuals from all backgrounds as demonstrated by the diversity of our employees, performers and fans worldwide."

The WWE has not confirmed the specific reason for ending its contract with Hogan.

According to a "joint investigation" by the The National Enquirer and Radar Online, the decision came down after additional footage from Hogan's 2012 sex tape leaked, showing the wrestler making racist comments about his daughter Brooke's boyfriend, whom he believed to be black.

The WWE has since scrubbed all mentions of Hogan's name from its website. Hogan is also no longer listed as one of the judges on the Tough Enough TV show or present on the WWE Hall of Fame page. All merchandise has been removed from WWEShop.com.