On the most recent edition of Wrestling Observer Radio, Dave Meltzer revealed that Eric Bischoff is, indeed, “gone” from TNA and will essentially be paid to sit at home for the remainder of his TNA contract. His contract is up in the first quarter of 2014.  Meltzer also added that Bischoff has been completely drained of any power that he has left.  Meltzer stated:

“He wasn’t at the PPV, wasn’t at the last TV, he won’t be around. A lot of people are really happy on that one, Eric was not very well liked there. Eric got exposed… Eric was very lucky that he had some very smart people propping him up in the WCW days and those people aren’t there now, and he got exposed on this run real bad.”