WWE source denies report of Hulk Hogan rejoining the company

Hulk Hogan. (Chris O'Meara/AP file)

A source within WWE denied the report of Hulk Hogan being back with the company and said the report is merely a rumor.

Examiner.com reported Thursday that Hogan had verbally agreed to a deal with WWE and could show up on WWE television early next year. The report also said that Hogan is being discussed as a surprise entrant into the Royal Rumble.

The report sites a “trusted WWE source” that said Hogan has refused to sign a “typical legends contract.”

Per the report, the source said, “We knew this would happen at some point. It’s my understanding that there isn’t a contract in place, but there’s a verbal agreement that will move forward. It’s just a good fit for everybody involved, especially with the milestone WrestleMania 30 coming up. Hogan needed to finish up his stuff with TNA and just come home.”