We don't know the guy personally. But there is a large body of testimony about how Hogan obtained and used political power in WCW and on his negotiations with WWE afterwards. Maybe more of that is a "work" than the consensus believes.
Maybe in TNA Hogan will be completely and totally different than he's been for pretty much his entire career. But chances are he will still follow the same patterns that he has followed in the past.
What did Hogan do that was so wrong though? Are you unaware of how the wrestling game is played? In the wrestling business, and there are numerous testimonials (since we're using testimonials) of wrestlers stabbing each other in the back, promoters screwing talent (Bret Hart anyone?), money being shortchanged and just flat out lied about, wrestlers buried for no reason other than they did something the boss didn't like.
In the wrestling business, you look out for #1, and #1 only. And just because Hogan understood that, and was more successful than anyone else doesn't mean he was anything but doing the best for himself.
To put that another way, TNA literally has no flipping idea what they're doing with Hogan. That's always a promising business plan. The phrase "If you don't know where you're going, any road will take you there" comes to mind. In this case, on the back of a red and yellow Harley to the Land of Stroking Hogan's Ego.
Who cares if you know two days in how it will all play out? You don't sign a Hulk Hogan to think 5 years down the road. You sign a Hulk Hogan with the idea that with a talent as great as he is, something will work itself out.
Hogan has ALWAYS been guaranteed lightening in a bottle. First in the AWA, then in Japan, then in the WWF with Hulkamania, the nWo, and even Hogan's return to the WWE in 2002, the one thing Hogan has always proven is that exciting things happen when he's around.
THAT is what TNA has planned.
And in the opinion of many, including me, it has sucked major donkey balls. So instead of changing from 40-year old hasbeens as the focus of the promotion, focus on 50 something hasbeens. How much life do you think there is in a Hulkamania nostalgia tour? Six weeks? Six months? What then?
Who cares what then? Do you really think that bringing in Hogan, no matter what may happen, will actually hurt your product? That's ridiculous. Hogan has never been the reason harm has come to promotions, who are smart enough to handle him. The AWA wasn't smart enough to handle him, so he put them out of business. Vince McMahon was smart enough to handle him, and he made the WWF the undisputed number 1. The WCW smartly handled him from '94-'98, and it put THEM at the number one.
If you work Hogan smartly, he's going to make good things happen to your business...at least, he always has before.
Can he still draw money in 2009? How much money did he draw for VH1 with "Hogan Knows Best" or CMT with "Celebrity Championship Wrestling"?
Well, Hogan Knows Best is still on the air as far as I'm aware in the "spin-off" of Brooke Knows Best. Hogan Knows Best obviously did well enough to put CCW on the air. Hogan still is in the mainstream media, still making money and apparently was on the Jimmy Fallon show last night.
Can he? We'll see. But I definitely think there is enough evidence to suggest he has a good chance if used properly.
I think they hired Hulk Hogan for the same reason they went after Jenna Morasca and Pacman Jones and Danny Bonaduce--the Carters are suckers for celebrities and think that celebrities have some magic pixie dust that attracts money.
The difference here is that Hogan DOES seem to have the pixie dust that attracts money. It seems to follow him in every wrestling promotion he works.