"Last night me and Eric were getting ready to sign a deal with one of the TV networks here in America. We had a little bit of a problem with the licensing and merchandising, which has delayed it. But I totally expect we're going to sign the TV portion of this very soon, because there's no point in starting any sort of wrestling organization without the TV locked in place."
Hogan and Bischoff have talked for more than a year about starting a company, contacting many former WWE and WCW stars from the 80s and 90s. Before the divorce, Linda Bollea had told me Hogan and Bischoff would be starting a company, but not to compete with Vince, but to do overseas tours starring Hogan. We haven't heard any rumblings of top talent having been talked with, and there is very little in the way of free agent talent out there. If the two have legitimate network backing, they could be a player, but would need a long-term commitment or it's not even worth starting.
Hogan is believed to have put a considerable amount of money into a company where Bischoff controls the money.





