Hogan still draws. He did when they used up their money in 2010 to advertise him.
Problem is, (as much as I love TNA) the quality of everything they do looks sub-par to nearly everything WWE does.
TNA is afraid of taking chances. They wanna go slow and build, and it WILL kill them. They have Panda Energy as their backer and they need to USE THEM!
If their shows had more quality in production, went live/traveled out of the impact zone, and had slightly better matches, in a year's time they could have David Arquette winning their championship and they'd still garner a 2.0 rating.
Hogan's not a draw like he was because he's not out there wrestling every week like he used to. It has nothing to do with Nick Hogan. Look at BFG and the reaction he got from the live crowd when he tore off the shirt and turned babyface. He can still control a crowd better than anyone in the business.
in hogans defense.... he wrestled one important match in tna.. that was against sting. i dont think many hogan fans get excited to tune in to watch a 60 year old hogan talk. they want to see hogan the way they remembered him....... WRESTLING OR at least trying to wrestle.
The problem is nothing to do with Hogan's drawing power, it's more to do with TNA's lack of advertising and marketing knowledge. Vince McMahon could make Hogan seem like an absolute mega star, even now. That's because he wrote the book on how to make stars and how to display them so people want to see them. Where as TNA are miles behind.
Plus, he has been such a big name in wrestling for 25 years or so that I do believe people are getting sick of his spotlight-hogging. I for one know that I am. I have even less desire to see Flair/Hogan than I did Sting/Hogan.
It was embarrassing to listen to that guy rambling with Ric Flair on their second-biggest PPV of the year.
They pay Hogan 2 million a year but he just actively detracts from the product.