Guys use logic, TNA is owned by panda enegry, panda energy is just that an energy company not an entertainment company, they have need or reason to keep TNA if it were to be the financial disaster you all say it is other than the fact that they are profitable, it may not be a large profit but something tells me they turn a profit. Think of it in terms of this years Mania, the card was mainly good wreslters in shitty matches but the ppv it self turned a profit... why? STAR POWER! Host The Rock, Special Ref Stone Cold, ... I can't believe I'm saying this... Snooki... The bottom line is Hogan's name alone is money, it doesn't matter if he comes out and "Brother Brother Dude Immortal Maniacs Duuuude" at the end of the day he sells, Hell even Stone Cold is buying BFG just to see Sting-Hogan 346583458476, to me that sounds like name power doing it's job.
I am going to have to agree with this post, Hogan is a brand.. and he is the face of TNA.. he is on all the billboards, posters, etc.. he is the only guy in TNA that can get an interview with anyone in mainstream.. he can do things outside the ring to help the company make money.. more than anyone on the current roster can. The quote above states it in pretty good perspecive... look at last years Wrestlemania.. most of the matches sucked and the main event sucked... but star power made it successfull.
Its funny... all the SMARKS call out WCW for only focusing on TV ratings.. and not PPV buys or anything else.. now.. the SMARKS mainly focus on only the TV ratings and nothing more when judging TNA.. NONE of us know what the PPV buys are or any numbers for that matter since it is a private company. I just think its a double standard to think that ratings = Doom... obviously they are safe by Spike TV standards.. and anyone with half a brain can see that TNA is taking steps in the right direction since Hogans arrival.
1. no more gimmick 6 sided ring
2. on the road more often
3. Promoting road trips
4. Change TNA Impact to Impact Wrestling
5. Enhance the production values.. (From 2006-2009 TNA looked shitty production wise, hell even the ramp to the ring was laughable... the ring looked small.. the crowd look small... now the production values seem to use camera tricks to make it look more full... credit to bischoff)
6. Enhance Entrance themes...
7. Rid yourself of Vince Russo (baby steps .. JUST took place, I am sure Dixie was the road block all this time that is saving Russo from being fired..)
Sure there has been mistakes too.. like booking issues.. which should see a change now that Russo has a lesser role.
next on the agenda?
Get Impact on the road more often (Each time they are on the road it looks like a different show completely), Get a new TV deal on another network, that has more promotional ability than Spike... get more stability in booking... everything else will fall into place...
TNA was UNABLE to do these things without Hogan, no matter how much people want to say they could... the truth is, they tried and failed... they had no plan.. it appears as if Bischoff/Hogan have a plan in place, it's just not public knowledge. If there is a plan to use Hogan in a mainstream role to help get the company more recognized and use him as a promotional tool.. then YES he is worth every penny... he can do things to get the attention in the media main stream that NO ONE on the roster can.. not STING, not Flair, Not Hardy, Not AJ, Not RVD, Not ANgle (unless he is drinking and driving) no one.... we don't know the profit TNA turns.. but if this is the way they use him.. then YES he is worth it. Bound For Glory will have heavy promotion from Hogan.. if it fails it will tell the tale..
To answer the OP's question. No, of course not. Hulk Hogan is no longer "the biggest name in the industry" like some would like others to believe.
You're right... he's the biggest name in the industry of ALL TIME... there is only a hand full of wrestlers that can get main stream attention...
Hogan
Rock
Stone Cold
thats mainly it.. (some others could back in the day like Roddy Piper, heck even Jericho.. but no where near the level of Hulk Hogan, Rock, or even Austin)
Should the ROCK or Austin get paid millions for this past Wrestlemania? or should the wrestlers that wrestled get paid more? Should have Snookie gotten paid what she did and got more than Melina who wasn't even there? They were brought in to promote and got paid more than many on the roster... WHy is it so wrong for Hogan to do the same if he is being used the same way??? This logic makes no sense...
NO ONE at any job gets paid the same across the board.. should Tyler Rekks get paid the same as John Cena?? or Undertaker??? heck no... sometimes you have to pay your dews.. at any corperation you have to .. NOT JUST WRESTLING.. if you are brought on to be the boss you will get paid for it.. you won't get paid chump change like a factory worker..... people just like to hate on hogan for the sake of hating...
In WWE John Larinatus makes 2 mill+ he isn't a wrestler.. should he be making less... than the roster too? this is why SMARKS don't run a company..