Update: Despite our earlier report that Hulk Hogan is likely returning to TNA after WWE made a lowball offer to him, we can confirm that as of today (10/16), Hogan has still not signed with TNA or WWE and is currently a free agent.
It appears that Hulk Hogan will be returning to TNA. After becoming a free agent and negotiating with both TNA and WWE, f4wonline.com reports that TNA offered Hogan substantially more money than WWE did.
WWE’s offer was said to be a “lowball” offer – and nowhere near what they’ve offered other big stars in recent years, like The Rock and Brock Lesnar.
TNA’s offer to Hogan is believed to be a 1-year deal that will pay him approximately as much as The Rock and Brock Lesnar make for a single match in WWE.
With WWE looking to stack the WrestleMania XXX card as much as possible, making such a weak offer to Hogan could be a sign that one or more other big names (The Rock, Steve Austin, Shawn Michaels) have already agreed to work the show.