Following last night’s Monday Night Raw, the following matches have been announced for WWE One Night Stand. It airs on Sunday, June 1.

WWE Championship - Last Man Standing Match
- Triple H (c) vs. Randy Orton

5-Man Singapore Cane Match
CM Punk vs. John Morrison vs. Chavo Guerrero vs. Tommy Dreamer vs. Big Show

First Blood Match
- John Cena vs. JBL

Stretcher Match
- Shawn Michaels vs. Batista

Falls Count Anywhere Match
- Jeff Hardy vs. Umaga

WWE issued the following this morning on WWE.com, making sense of last night’s story line on WWE RAW:

World Wrestling Entertainment Suspends Performer

STAMFORD, Conn., May 20, 2008 - In accordance with its Substance Abuse and Drug Testing Policy, WWE has suspended Darren Matthews (William Regal) for 60 days for his second violation of the company’s policy

The length of the suspension indicates it is Regal’s second Wellness Policy violation. He was “fired” last night on RAW after losing a match to Mr. Kennedy.

According to WWE.com a big match (literally) has been added to tonight’s Judgment Day card: Big Show vs. Mark Henry.

Remember to check in first thing tomorrow for a full recap of this pay-per-view, which is highlighted by Triple H vs. Randy Orton… inside a steel cage.

Here are the matches currently set for the next WWE pay-per-view, Judgment Day. It takes place May 18.

- Triple H vs. Randy Orton: WWE Title match, inside a steel cage

- Kane and CM Punk vs. The Miz and John Morrison

- John Cena vs. JBL

- Shawn Michaels vs. Chris Jericho

Which match are you most looking forward to?

The Associated Press released the following statement this morning:

STAMFORD, Conn. - World Wrestling Entertainment Inc., a promoter of wrestling events and other entertainment, said Tuesday its first-quarter profit rose 29 percent, helped by WrestleMania XXIV.

For the period ended March, 31, earnings grew to $19.5 million, or 27 cents per share, compared with $15.1 million, or 21 cents per share, meeting the expectations of analysts polled by Thomson Financial.

Quarterly revenue soared 51 percent to $162.6 million from $107.4 million. Analysts predicted sales of $131 million. The company said WrestleMania XXIV contributed $4.6 million to its profit and about $31.3 million to revenue.

Live and televised entertainment revenue jumped to $99.8 million from $63 million, while consumer-products revenue increased to $43.4 million from $37.4 million. Revenue from digital media climbed to $8.1 million from $7 million, while the WWE Films segment added $11.3 million to sales.

Shares of World Wrestling Entertainment gained 20 cents to $18.57 in premarket trading. The stock closed at $18.37 Monday.

Santino Marella is a morn. The former WWE Intercontinental Champion was arrested at 2:57 a.m. in Tampa, Florida on suspicion of DUI.

According to celebrity gossip site TMZ, Marella was pulled over after cops witnessed his car drifting back and forth.

The wrestler failed two field sobriety tests, including one in which he couldn’t hold his balance. He told officers he started drinking at midnight, and had three Miller Lights and one Kamikaze.

Marella was released a few hours ago on $500 bail. Ex-girlfriend Maria Kanellis must be psyched she got out of that relationship.

Smackdown head writer and WWE creative team member Michael Hayes has been suspended from the company for 60 days. The punishment follows an incident that took place in Orlando during Wrestlemania weekend.

Hayes allegedly used racist language towards SmackDown star Mark Henry.

During a party, reports say Hayes had been drinking when he approached The World’s Strongest Man. Hayes told Henry, “I’m more of a n—– than you are.”

After a physical altercation between the two, Henry reported the issue to either Vince or Stephanie McMahon and the suspension was given out.

SOURCE: PWInsider.com

Talk going around backstage at tonight’s WWE Raw taping in London is that company plans on holding a “King of the Ring” tournament on next week’s three-hour Raw show.

If this takes place, that the entire tournament will take place over the course of the show. It will likely be an eight-man tournament.

Is this a good idea? Chime in now on our FORUM!

This is lame.

On last night ECW, WWE ran a sketch inviting Democratic presidential candidates Barack Obama and Hillary Clinton to settle their differences in the ring on the April 21st three-hour edition of Monday Night RAW.

WWE said, “Forget about who is better when the phone rings at 3am and see who is better when the bell rings!”

Expect this to be similar to WWE’s rendition of Donald Trump vs. Rosie O’Donnell a couple years back, which was one of the stupider segments in WWE history.

Triple H, John Cena, Chris Jericho and The Rock are all scheduled to appear on the American Idol “Idol Gives Back” special tonight on FOX.

Whether or not you’re a fan of the show, this is the charitable effort that raised over $75 million last year. It’s a great cause. We encourage everyone to tune in for a bit and make a donation.