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."
I am also told, and this one shocks me personally, that 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.