Further details have emerged regarding why Hulk Hogan's recent talks to join NJPW and The Bullet Club fell through. Ultimately the deal didn't happen because Hogan was asking for too much money and the company believed he wasn't worth what he was asking given he wouldn't be able to wrestle for them.
NJPW officials also had concerns over how loyal Hogan would be with the belief that if he got a call from Vince McMahon to return to WWE he would. Hogan did such in 2003 when he filmed an angle with Jeff Jarrett and then jumped to WWE when McMahon called him.
Dave Meltzer on the latest episode of Wrestling Observer Radio commented on why NJPW decided against bringing in Hogan:
"There have been talks and the gist of it is that it’s not cost-effective because I think he wants more money than he’s worth at this stage of the game" said Meltzer.
He also speculated that Hogan might overshow the group given his status:
“He’s such a larger than life character that he takes over everything and I don’t know that’s good to overshadow [your stars]. Your product is Okada, Naito, and Omega and The Young Bucks and Ishii and these guys and you have this guy and he goes and overshadows them and then leaves…I’m pretty negative on the idea. It could happen [but] I don’t think it’s the right move for New Japan.”