Hogan starting his own fed? Didn't he already try that with Jimmy Hart six years ago?
Jimmy got some big $ backers to film a pilot and six shows, they shopped it around and no one was biting for the $ they wanted.
this could be the same sort of deal, if it is hogan would be crazy to turn down big $ for lack of work.
on the bischoff thing, i read his book yesterday, and to summarize he doesnt feel he would have the resources with tna to achieve success, and he doesnt want to be know for being with 2 dying shows.
he feels the structure with ownership is close to the way wcw was in his opinion in the final days, too many people calling the shots.