Source: The Wrestling Observer

At this time, it appears that Hulk Hogan will re-sign with TNA Wrestling. TNA began airing advertisements for Bound for Glory that featured Hogan earlier this week.

According to sources, Hogan reached out to WWE over the last month or two and they reportedly offered him less money than what TNA was willing to give him. It was described as a "lowball" offer. The sources noted that The Rock and Brock Lesnar make more in a match than what Hogan will make in a year at TNA. It appears that once Hogan found that out, that he made the call to stay with TNA.

Hogan's new deal with TNA is believed to be for one year and for that year, Hogan will be paid approximately as much as The Rock and Brock Lesnar make for a single match in WWE.

More as we get it. Stay tuned.