Jimmy Hart comments on the passing of Hulk Hogan, who passed away following a cardiac arrest at the age of 71,

The wrestling world is still reacting to the death of WWE Hall of Famer Hulk Hogan, and that includes one of his closest friends in Jimmy Hart.

The late WWE superstar’s wife Sky also says she ‘truly believed’ Hogan would overcome the health issues that led his death last week at age 71.

Jimmy Hart claims that things were looking up for Hulk Hogan in his health battle before taking a sharp turn at the end.

Hulk Hogan's close friend Jimmy Hart talks exclusively to PEOPLE about the WWE star's health in his final days and reflects on his friendship, after Hogan's death on Thursday, July 24.

Hulk Hogan’s shocking death Thursday at the age of 71 came just two days after his longtime manager and friend, Jimmy Hart, provided a positive update about the Hulkster.

Hollywood megastar Sylvester Stallone inducted Hogan into the WWE Hall of Fame in 2005, many years after working with him in the Rocky III movie. Stallone says his heart is broken after learning of Hogan’s death.