WWE Shutting Down Florida Championship Wrestling

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WWE officials notified television partner Bright House Network Monday that they have opted to cease their affiliation with the Florida based sports network as they are shutting down developmental promotion Florida Championship Wrestling effective immediately. Florida Championship Wrestling programming, which was taped last Thursday in Tampa, Florida, will cease to air on the network in three weeks.

Everyone involved with Florida Championship Wrestling will relocate to WWE's homebase in Stamford, Connecticut until a further decision regarding the developmental program is made.

WWE employees were given the impression that a developmental promotion will ultimately open in Connecticut with the possibility of a second at an undetermined location.

The promotion was started by former wrestler Steve Keirn in 2007 to be WWE's second developmental promotion when they ended their relationship with the Georgia-based Deep South Wrestling in early 2007. It became their sole developmental promotion in early 2008 when they ceased affiliation with Ohio Valley Wrestling.

Use NXT.

Shame, I like to watch every week but if a new one opens up it makes no difference. Although, Fergie it's be good to have 2 developmental promotions with then superstars from both performing on NXT as like the big shows for them

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- All FCW events currently scheduled for this coming weekend will go on as planned. FCW President Steve Keirn is denying the rumors of FCW shutting down. All talents are at school today and as of this writing, no official announcement has been made.

PWInsider just updated their story and reports that sources within WWE state there are no plans to shutdown WWE's developmental territory Florida Championship Wrestling. The show on the Brighthouse Network is scheduled to end however.

Stay tuned as this story develops.

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-- According to sources at Florida Championship Wrestling, things are said to be "business as usual" today, despite the Monday night rumor that the promotion is shutting down.

-- We spoke with Jesse Kage, a Tampa-based radio DJ that hosts the Kage Kult Show on 98Rock in Tampa. Kage, who has worked directly with FCW head trainer Steve Keirn, says he texted Keirn regarding the rumor and was told, "Rasslin' rumor, not true."

-- WWE creative team member Kevin Eck has responded to the "FCW shutting down" rumors on Twitter. He wrote:

"WWE is severing ties with FCW?"

"Good lord. Dirt sheets are wrong...AGAIN."