Personally, I am a huge Matt Hardy fan and I think it is crazy what is happening to his career at the moment. Here are a couple of things that I believe have caused this to happen, some of which has been mentioned already, some are off the top of my head:
1) RAW - initially I believed that being drafted to Raw would have been great and to be honest, when he came out on the 3 hour special and taunted John Cena, I imagined him calling out Cena in the following weeks - i.e. The Miz's storyline. That storyline would have been perfect for Hardy. It would have elevated him to semi-main event status, which is what is happening to the Miz, and probably people would have bought it more because of Hardy's history and reputation compared to Miz. However, he is now lost in the shuffle of the mid-card.
2) PHYSIQUE - Mentioned already, it doesnt help that Matt has put of a few pounds of 'comfort' instead of maintaining the physique of the old Mattitude days. He looks chubby and unfit.
3) PUTTING OVER HIS BROTHER - Jeff Hardy is over - full stop. If he had lost 3-0 to his older brother he would have lost none of the heat he already had, plus it would have elevated Matt as the better Hardy. Also, if Jeff hadn't have done that stupid spot with the tied hands and leg drop, resulting on Jeff SITTING on Matt's unprotected hands from 10 feet, it wouldn't have resulted in ...
4) THE BROKEN HAND - Undeniably, this has held back Matt's Raw progress. Creative could have done something with it, i.e. Owen Hart and Cowboy Bob type story, but instead they use it as an advantage for all other opponents to beat him by.
5) THE LONG PANTS - Ok, this is a personal annoyance, but why the hell has he changed to tights?! I understand seperating himself from Jeff, however being on seperate shows will do that enough in time. For example, Owen Hart never changed his attire after feuding with Bret, so why should the elder Hardy? This makes him look worse due to his physique as you really need to be in top condition to pull off tights. Plus, the Mandarin jacket just looks awful with tights, so either/or. The tried and tested Kickwear pants worked with Matt, so put him back in them.
Possible solutions:
WWE Championship tournament - already discussed in previous threads (sorry), with Cena v Show and HHH v Orton occupied with themselves (no reason to put the strap on any of them at the moment because their storylines don't require it) this is a great opportunity to get the big names out of the title race and build up a smaller name - i.e. Matt Hardy, MVP, Miz, Kofi, DiBiase, etc - hell, even throw HBK in there to put over someone like Hardy in the final, or an MVP v Hardy final with Regal helping Hardy to win. This will benifit both MVP and Hardy, not to mention giving Regal a rub as a mentor (again, previously mentioned).
Any further comments?