John Cena, Ric Flair and more stars paid tribute to the late wrestling legend Hulk Hogan after his death at age 71 on July 24. Ric Flair spoke with PEOPLE.

Wrestling icon Hulk Hogan died on Thursday at the age of 71. Perhaps the most well-known and recognizable wrestler in the history of the industry, he was a major catalyst in the growth of the World Wrestling Federation throughout the 1980s.

Tributes from sports icons and political figures poured in on social media after Pro wrestling legend Hulk Hogan died on Thursday after suffering cardiac arrest.

“Through the good times and the bad, I always loved my brother Terry!,” wrote Brutus Beefcake (referring to Hogan by his given name). “I am devastated by the loss of my friend, I only wish we had time to mend our broken friendship before his passing. Until I see you Brother, in the big squared circle in the sky! I love you.”

WWE legend Ric Flair mourns the passing away of his lifelong friend, Hulk Hogan, reflecting on their close bond and unforgettable moments in the ring.

Sky Daily, the wife of WWE Hall of Famer Hulk Hogan, shares an emotional message following his recent passing.

The death of Hulk Hogan shocked the wrestling world and now everyone wants a piece of the wrestling giant's history. According to TMZ, Hogan's iconic nWo boots are being auctioned off at about $75K, which is up over $30K of what experts originally predicted for the sale.

Ric Flair's lavish lifestyle came from his inability to separate his true self from his wrestling character, and in the end it cost him everything.