As we unfortunately had to break on Tuesday night's WZR Radio, William "Paul Bearer" Moody has passed away. We're told he passed away around 5PM EST after being hospitalized over the past several days.

Here is the official WWE.com statement confirming the tragic news:

Paul Bearer passes

WWE is saddened to learn of the passing of William Moody, aka Paul Bearer. Moody made his WWE debut in 1991 as the manager of The Undertaker and went on to become a memorable part of WWE over the course of the next 20 years.

Our deepest condolences go out to Moody’s family, friends and fans