TNA issued the following press release (courtesy of LordsofPain.net):
NASHVILLE, Tenn. – In a surprising twist, professional wrestler, TNA Superstar, fantasy sports fanatic and Animal Planet star “Showtime” Eric Young (twitter: @ShowtimeEY) tonight became the new TNA World Heavyweight Champion, defeating reigning champion Magnus during an explosive episode of IMPACT WRESTLING. Airing weekly on Thursday at 9/8c on Spike TV and viewed by millions in more than 120 countries around the globe, IMPACT viewers were treated to an explosive episode with the return of President Dixie Carter after she lost control of wrestling operations more than a month ago and a 10-man gauntlet match for the #1 Contender’s spot resulting in Young’s win. Demanding that he face Magnus in the ring the same night, Young captured the TNA World Heavyweight Championship after delivering the piledriver to the reining champ.