As previously reported, WWE issued a statement to The Associate Press and indicated that they have no plans to bring back Hulk Hogan to the company anytime soon

“At this time, WWE remains committed to its decision,” WWE said in the statement.

Dave Meltzer discussed the statement released by WWE on today’s installment of Wrestling Observer Radio and indicated that the reason Hogan isn’t being brought back has to do with the sponsorship with WWE. The feeling right now is that advertisers aren’t ready to look past Hogan’s racist remarks he made in the leaked audio from his sex tape. Basically, not enough time has passed and WWE isn’t willing to take the risk.