Matt Hardy OUT of TNA Following DWI Arrest

[Walter Cronkite]

Matt Hardy's arrest today in North Carolina has had immediate repercussions -- he's been DROPPED from TNA.

A rep for TNA tells TMZ, "TNA today released Impact Wrestling star Matt Hardy from its roster. Hardy was already under suspension from the company."

As TMZ first reported, Hardy was arrested after his Corvette smashed into a tree this afternoon. He was not injured.

Source: TMZ