TNA issued a press release this afternoon announcing that TNA TV champion Devon was gone from the company after an “impasse” in contract negotiations.

On tomorrow’s Impact Samoa Joe, Garett Bischoff, Magnus and Mr. Anderson will all try to become the new champion by convincing Hulk Hogan that they should be in the match to determine the new champion. Hogan will pick the two competitors and they will face off to determine the new TNA TV champion.

On the Devon front, TNA’s press release noted, “TNA hopes that Devon returns to the active roster in the future.”

TNA’s official announcement is as follows:

NEW TV CHAMPION TO BE CROWNED ON CHAMPIONSHIP THURSDAY!

Championship Thursday” returns to Impact Wrestling on Spike TV this Thursday with an added wrinkle; there is no defending champion. Negotiations between TNA’s current TV Champion Devon and TNA have been ongoing over the last month and have reached an impasse. As of today, The TNA TV Championship last held by Devon is vacated. TNA hopes that Devon returns to the active roster in the future. A new TV champion will be crowned LIVE on Impact!

Usually, in the “Championship Thursday” format, four challengers meet with Impact Wrestling GM Hulk Hogan and plead their case as to why they deserve the shot at the champion. This month, one of the four men is guaranteed to be the new TV Champion! The challengers selected to compete in this “Championship Thursday” are Samoa Joe, Garett Bischoff, Magnus, and Mr. Anderson. Hulk will hear these men’s arguments why they should be the one to get the title shot and then Hogan will make the hard decision of which two will face off. Tune into Spike TV at 8pt/7ct this Thursday night to see a new champion crowned.

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