Olay!
I'm pretty sure the general consensus among the board is Hogan is a useless bum boy belonging to the era of old but I honestly think he still has something, if not a lot, to offer the wrestling world.
For one thing, you
all know who he is and pretty much everyone else does too, whether your into wrestling or not. This by itself mean he is still a huge asset as there can be no disputing the fact the man will draw.
That aside, he's still extremely talented, but also easy to dismiss as shite at the same but he is capable of so much more than some dull, clichéd, nostalgia run.
Take a look at this...
Angriness!!!
He can conjure up a hatred in an audience as good as anyone!
Nobody now (perhaps Jericho...) can conjure up heat even close to that. Admittedly he had been built up for a long time by this point and the character of Hollywood was extremely well crafted but the current negative attitude against him could in fact work for him.
I'd love to see him come in (TNA or WWE) and use his personal life to build another heel persona. For example, they could make it look like he's only there for the money, he could kinda not commit himself to things (Hollywood was always a coward). He could carry on his celebrity persona, followed round by a crowd of sycophants all the time...
Loadsa possibilities!
Simply use all the things people dislike him for, and use them in a character, the man would be despised in the best way possible, maybe even respected again
The key to it all however would be Hogan still having a passion for it. If he doesn't give it 100% he could easily come in and make a splash in the red and yellow but it'll get old fast, his type of face has long gone. But if he could really get the fire in his belly again then he could properly impress, particularly in TNA.