WWE LEGEND Paul Bearer DEAD AT 58

Paul Bearer -- the spooky WWE manager who helped introduce The Undertaker -- died Tuesday evening at the age of 58 ... this according to the WWE.

Bearer -- real name "Bill" Moody -- joined the WWE in 1990 ... playing the role of a creepy funeral director who managed various wrestling stars ... including Undertaker, Kane, Rick Rude, Vader and Mankind.


The details surrounding Bearer's death are unclear -- but he reportedly suffered from serious health problems over the past decade ... including morbid obesity and gallbladder issues.

R.I.P.

The WWE released a statement saying ... "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."

Just a clip of the many best of Paul Bearer :after the cut.....

WWE STAR JACK SWAGGER ARRESTED

WWE STAR JACK SWAGGER
ARRESTED 
for DUI & Weed

WWE star Jack Swagger was arrested last night in Mississippi, We have  learned -- after allegedly driving under the influence ... with pot in his car.

Sources close to the situation tell us, Swagger -- real name Jacob Hager -- was leaving a "Smackdown" taping at Mississippi Coast Coliseum in Biloxi when he was pulled over for speeding.

According to law enforcement, the officer who pulled him over determined Swagger was driving under the influence -- and a search revealed Swagger was in possession of marijuana.

We're told Swagger -- a former WWE World Heavyweight champ -- was taken in by local police officers ... and later released on his own recognizance.

He has been charged with DUI (not alcohol), marijuana possession, and speeding -- all misdemeanors.

We reached out to WWE, who tells us, "Mr. Swagger is responsible for his own personal actions."