If the NWO is reborn, the line-up may perhaps look like this:
Kevin Nash, The Miz, Alberto Del Rio, Christian, Dolph Ziggler, Jack Swagger, R. Truth, David Otunga, Michael McGillicutty, Cody Rhodes and Vickie Guerrero, with John Laurinaitis being their executive-level sponsor.
Now, that's an impressive line-up considering that the first six men in the list have held a WWE or World title at some point in their careers. (Yes, Dolph counts, even if he did win it when I started eating dinner and lost it before I was finished.)
But even though six of those men have held top titles, not one of them have that "elite leader feel" that you get from CM Punk, Triple H, John Cena or Randy Orton.
Honestly, Del Rio's second reign shouldn't be happening right now. Swagger's shouldn't have happened. Dolph's almost technically didn't. Christian was actually hurt by his reign, The Miz was de-pushed from the top after WrestleMania and Nash is washed up.
The new NWO is going to need a primary leader (perhaps two) and not a single person in that line up can convince me that he has the power to stand in front of 11-men, five former (and one current) world/WWE champs and be the man.
Even if ADR is in on the conspiracy, allowed himself to be beaten up by Miz and Truth to divert suspicion and emerged as the leader, he is a weak WWE Champion right now. The WWE will need to align one of the top guys to lead the group so it can be taken seriously.
Looking at some possibilities:
Triple H is out, as Triple H is the primary enemy of all of these wrestlers. (Unless, it's all some elaborate ruse.)
Randy Orton would be a good selection as he's used to leading and makes a far better heel than he does a face. The only draw back is that as a heel, he's incredibly selfish and doesn't really have the make-up to lead long-term, as he would probably utilize everyone just for himself while in Viper mode.
CM Punk would also make a great choice so long as they didn't try to turn it into yet another one of his cult crusades like the SES or New Nexus. CM Punk would possibly make the most sense, as leading a stable three times larger than anything the WWE has experienced in a decade would be a great tool for change.
John Cena would be the most explosive pick and the one I would make if I were running the WWE. His heel change and the shock and fallout from it would be something that could turn the industry on its ear and set the course for a truly new direction in the WWE. Though it will never happen.
There are also the sleeper picks of The Rock, Chris Jericho, The Undertaker, Mick Foley and Shawn Michaels.
The Rock would far and away be the best selection. His very presence sells out arenas and PPV's in a flash. Unfortunately, his Hollywood schedule would prevent him from having such a key long-term role.
Chris Jericho would make a decent leader in his "best in the world" gimmick and his work/shoot beef with CM Punk over stealing his gimmick would make a ready-made feud for the two.
Shawn Michaels was a member of the NWO before it's final demise in 2002, when he was running with X-Pac, Kevin Nash and The Big Show. The group never went anywhere after he joined, in fact it only took about a month for it to fall apart.
He could lead a new version of the NWO, but in the same way he wasn't supposed to be wrestling in 2002, he's not supposed to be wrestling now, as he promised to stay retired.
The leader of the NWO should be able to get in the ring and mix it up, not sit on the sidelines. If HBK wrestles again, it wouldn't be a problem, however.
The Undertaker character just wouldn't fit a stable of normal wrestlers. The last time he ran a stable it was filled with vampires, acolytes, monsters and druids. That's not exactly fitting for the NWO.
Even his rebellious American Bad-A** character doesn't fit as he's supposed to be a loner who will only run with his brother, Kane.
Mick Foley as the leader of the NWO is an unfunny joke.
Then, of course, there is the most obvious solution: Vince McMahon himself. But, Vince is getting too old to wrestle in matches, and as I said with Shawn, the leader of the NWO should be able to defend himself, not have to hide behind The Miz and ADR, because he can't fight John Cena for himself.
But no one is more powerful than Vince, real or kayfabe, and his leading the NWO will give them all the stroke they need.
One thing rarely brought up in the dialog is the fact that Vince McMahon, R. Truth and The Miz would have a common gripe as they were all fired from their positions.
No matter who would end up running the NWO, it has to be a powerful person, and right now, with Kevin Nash or The Miz being the best two options for the position, out of those who are open enemies to Triple H, the NWO lacks that power punch at the top.