WWE Issues Statement Regarding Hulk Hogan's Status

As noted, TMZ Sports ran an article this week that claims WWE and Hulk Hogan are close to reaching a deal that would see "The Hulkster" finally welcomed back to the WWE Universe.

Following the story, which you can read TMZ.com, WWE issued the following statement regarding their relationship with Hulk Hogan and his status with the company:

"WWE applauds the work Hulk Hogan is doing with Boys & Girls Clubs of America to turn what was a negative into a positive by helping young people learn from his mistake. While he has taken many steps in the right direction since we parted ways, Hogan is not currently under contract to WWE."