This is one of the reasons why I think the Brand Extension worked so well. A long time ago, on the Justin Timberlake remix of Cry Me A River, the featured rap artist, 50 Cent said, “How do you make one number one hit record into two?? You make a remix.” Basically, by having two World Titles, you double up.
What TNA should have done was treat the Legends / Global Championship as a second World Championship, instead of turning it into the Television Title, therefore making it a Mid-Card, no-weight limit, X-Division Title. “Legends” sounds prestigious like a Hall Of Fame Championship. “Global” sounds prestigious like a World Championship. “Television”, yeah that sounds prestigious, don’t get me wrong, but prestigious like the Intercontinental, United States, WCW and ECW Television, European, Hardcore, you get my point.
I understand where Hulk Hogan is coming from. He makes absolute sense. A TNA show without the TNA World Champion is as pointless as having house shows for SuperStars and Saturday Morning Slam. Even NXT has a World Champion.
I also want to add the fact that Jeff Hardy right now has 2 World Title Belts. He could have easily “lost” one to someone else in controversial fashion, where there's a pin and submission finish where one was pinned while the other submitted at the same time. Then they could have done a storyline similar to JBL and Cena after WM 21, where Cena had his Spinning Toy and JBL had my beautiful had crafted, Undisputed WWE / WCW World Heavyweight Championship Title Belt. In this case, Jeff would have his Immortal Omega Enigma Belt and someone else could have the TNA World Title V3, for the tour. I’d even have the self-proclaimed Champ defend his Title overseas.