For some time now, Bishcoff has been in works with Hulk Hogan to start a new wrestling promotion. It looks as if that may actually happen!

According to the source, Eric Bischoff is still negotiating with Hervey Productions and CMT the possibility of leading a new wrestling federation.

The project is rumored to have plans to include a Hulk Hogan vs. Goldberg angle as the central idea plus some new talents that may be brought from West Coast indy promotions.