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WWE confirmed on Friday morning that they have terminated their contract with Hulk Hogan. The news came shortly after an audio transcript was released of the wrestling professional using the N-word during a sex tape eight years ago.

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

WWE has already taken down all photos, videos and merchandise of the 61-year-old from their website. Hogan was also removed from the Hall of Fame online.

Following news that WWE cut ties with Hogan, the 61-year-old’s lawyer revealed that the wrestler actually resigned from his position with the WWE because he did not want to put “them or his family through this.”

“In the storm I release control,God and his Universe will sail me where he wants me to be,one love. HH,” Hogan tweeted late Thursday night.

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In a audio transcript released by Radar Online and The National Enquirer, Hulk can be heard using the N-word repeatedly while talking about his daughter, Brooke’s love life. “I mean, I’d rather if she was going to f*ck some n*gger, I’d rather have her marry an 8-foot-tall n*gger worth a hundred million dollars! Like a basketball player…I guess we’re all a little racist. F*cking n*gger.”

“Eight years ago I used offensive language during a conversation,” the wrestler said in a statement to HipHollywood. “It was unacceptable for me to have used that offensive language; there is no excuse for it; and I apologize for having done it.”

He added,”This is not who I am. I believe very strongly that every person in the world is important and should not be treated differently based on race, gender, orientation, religious beliefs or otherwise. I am disappointed with myself that I used language that is offensive and inconsistent with my own beliefs.”

This is not the first time Hogan has been caught using the N-word. In 2012, during a radio interview with DJ Whoo Kidd, he talked about Black guys calling him “my n*gga.”

“Well Booker T used to say that to me on TV and you know, every time I pull up YouTube there’s that famous thing that Booker T…goes, ‘I’m coming for you my n*gger,” Hulk told Kidd. “They’re all calling me n*gger and then I started saying it and you know, I always said it but now all of a sudden I get heat when I said it.”

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