HOGAN
Any argument over star power is won by Hulk Hogan. The only person from wrestling who is a bigger star is the Rock. However, the Rock is a bigger star from movies, not wrestling. Hulk Hogan is the only living wrestler in history that EVERYONE knows. He is the face of the business. Kurt Angle is a great wrestler and has the gold medal background, but the majority of people don't know who he is. Two examples of the importance of Hulk Hogan coming to TNA:
1. Shortly after announcing his joining TNA, Hogan went of Jimmy Fallon to promote his new book. He told Fallon, and his MILLIONS of viewers, that he had just joined a new promotion called TNA. He then plugged it's time and channel. That did more for TNA than every "5 star" X-Division match in history. When was the last time you saw A.J. Styles, the "face" of TNA on a major network talk show?
2. American Idol. Hogan made a surprise appearance on American Idol last year. For those who don't know, A I is one of, if not the, most watched show in America. Hulk Hogan got to make an appearance because he was Hulk Hogan. Again, no one else in the history of TNA has had a fraction of the mainstream recognition, for good or bad, that Hulk Hogan has.
Some people, especially on these forums, simply refuse to believe that star power and marketability mean anything. These are the people that will tell you that Danial Bryon and Tyson Kidd are more valuable to the WWE than John Cena. They are also the same ones who will try and say that Christopher Daniels and AJ Styles are more important to TNA than Hulk Hogan.
Kurt Angle is great. One of the all time greats. However, he simply doesn't compare to Hogan in terms of recognition. 5 star matches are great. Every company needs as many as they can get out of their wrestlers. However, these matches make fans stay. They don't bring in new viewers. If somebody isn't watching your product to begin with, they certainly aren't going to see a great PPV match. Names, not matches, are what get people to tune in and try something new. Say what you want about want about the failed Monday night wars, or the move back to Thursdays, Hulk Hogans debut with TNA gave them their highest ratings in history.
P.S. For those of you who couldn't resist talking about Hogan's "destroyed" image, what the hell do you make of Angle the last few years? A few DWI's, a restraining order, being arrested for steroid posestion, and an assault charge don't exactly make for a great image. I like Angle, but lets be fair.