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WWE loses 50 million dollars & respond to Vince calling John Cena the N word in 2005

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WWE lost $50 million on the stock market following the Hulk Hogan scandal. WWE shares dropped almost 4%, to $16.60. Before the incident their shares had increased by 14%. (Source)

On Friday TMZ posted an aritcle claiming that Hogan is anrgy at Vince for 'acting self-righteous' when he himself used the racial slur at Survivor Series in 2005.

Hulk is outraged Vince is acting so self-righteous, condemning him for spontaneously using the epithet in private when the wrestling boss used it in a premeditated way, on TV and for profit.”

WWE have responded by saying: (It) was an outlandish and satirical skit involving fictional characters, similar to that of many scripted television shows and movies.


Below is a video of the segment. At this time the segment is still available to view on The WWE Network

(Sourceyoutube)

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