Terry Bollea, Hogan’s real name, told People.com the audio in which he is heard using slurs was in response to his daughter’s dating life.

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“Eight years ago I used offensive language during a conversation. It was unacceptable for me to have used that offensive language; there is no excuse for it; and I apologize for having done it,” Hogan told PEOPLE.

“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.”

Earlier Friday, the WWE released a statement confirming Hogan’s departure.

“WWE terminated its contract with Terry Bollea (a/k/a 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.”

UPDATE: On Monday, Hogan took to Twitter to flect on his comments.