"Vince McMahon yet again found a way to shock us all by shaking the hand
of a man that he despised in the past, Eric Bischoff! Eric has now been
given all the power in the WWE to run by himself as Mr. McMahon goes
on what he says is a 'much needed break'. Eric has already announced that
the first PPV will be Summerslam and will be held live at Madison Square
Garden! Now that Eric holds WWE in the palm of his hand anything and
everything is more than likely to go down!" 

"It was recently announced by the new chairman of WWE, Eric Bischoff, that
the first pay per view will be Summerslam! The date for Summerslam has yet
to be decided but rumors going around say that its going to take place
towards the end of March. It has been announced, however, that Madison
Square Garden will play host to the first pay per view. For more updates
and info check back soon!"