"Today we lost a Legend," Bundy’s friend David Herro announced on Facebook Monday.
"Very sad news," wrestling star Brutus Beefcake wrote. "He was a kind soul."
Bundy, whose real name was Christopher Alan Pallies, famously faced Hogan for the WWF heavyweight championship in 1986′s WrestleMania 2, the event that became a staple for the industry. Bundy, often cast as the heel, or villain, lost that staged cage match.
He also wrestled in the inaugural WrestleMania, defeating Special Delivery Jones in nine seconds, WWE (formerly the WWF) noted on its website.