From the NJPW Rumor Mill: Dave Meltzer sheds light on Hulk Hogan joining the Bullet Club

What's the story?

Hulk Hogan once shocked the world when he gave up the red and yellow for the black and white of the nWo, during the Monday Night Wars. We recently carried a report about strong rumours that he almost joined the Bullet Club.

Dave Meltzer from Wrestling Observer recently informed us about the latest update in this massive news story and it was relayed by Wrestlingnews.co. At this point in time, Hogan joining the Bullet Club does not seem likely.

In case you didn't know...

The Bullet Club has adopted many aspects of the nWo. Hulk Hogan has, in the past, even expressed his desire to work with the NJPW faction.

Of course, as it stands, Hulk Hogan is estranged from WWE at this moment. This is the result of a bunch of racist comments that he had made, in a private video.

To the shock and dismay of many long-time WWE fans, he wasn't invited to RAW 25.

The heart of the matter

Here's the gist of this story. According to Meltzer, there were two aspects that prevented this deal from being carried out.

The first was the price that Hogan demanded. This is what Meltzer had to say about the same:

There have been talks and the gist of it is that it’s not cost-effective because I think he wants more money than he’s worth at this stage of the game.

The second detriment that worked against Hogan, was the fact that he was far too loyal to Vince McMahon. If he ever received the call to go back, he would, in a heartbeat.

Because of the factors outlined, it is unlikely that Hogan will be joining the Bullet Club.

What's next?

Hulk Hogan still loves the wrestling business. It remains to be seen if he will reconcile with WWE in the future. Alternatively, will he find employment in another wrestling promotion someday?