LOL I found out that someone came to my site while searching for this:
I actually went to Google news immediately to find out whether he really died Haha!
But then I thought maybe he was to referring to his death on screen. Did he ever die on screen? I could only think of one movie where he played a bad guy and died at the end. The hero was an Asian guy and Van Damme played a European villain.
Update: Thanks to IMDB, I found the title of the movie that I was referring to, Black Eagle (1988).