TNA Wrestling sent out the following:

The Legendary Dusty Rhodes Passes Away

We at TNA are saddened by the news of the passing of a legend, Virgil Runnels, known to the world as “The American Dream” Dusty Rhodes has passed away at the age of 69. Dusty was with TNA from 2003 to 2005 and brought many laughs, a wealth of wisdom and knowledge to our company. Our condolences go out to Dusty’s entire family. RIP, Dusty Rhodes.