TNA President Dixie Carter and several top flight TNA officials are at Hulk Hogan's press conference in New York City at Madison Square Garden right now.

The former WCW and WWF champion has inked a deal to join TNA with former WCW Vice President Eric Bischoff joining him in the company as well.

Obviously, this is going to be the start of major changes for the organization.

We'll have more on this breaking story shortly.

What are your thoughts on Bischoff's signing? We have a thread going on our forums about this, you can go to the thread by clicking here.