WWE news 2015: Hulk Hogan gets second chance with new endorsement deal

Hulk Hogan that eight years ago, he "used offensive language during a conversation" but is now apologising for having done it.Reuters

Hulk Hogan could be getting a new lease on life to pay for his sins and it could all start with a little known sports betting site, which, according to TMZ, took a chance on the controversial and now former World Wrestling Entertainment (WWE) legend.

Hogan, who was recently written off by the WWE for his involvement in a racial slur scandal, could be picking up the pieces after being hired by fantasy sports betting site Fanpicks.com as their official spokesman.

The deal could end up benefitting both and everyone knows the risks involved, particularly the ones who were offended by the N-word that led to Hogan's downfall.

It has been almost two months since Hogan was in the middle of the racial slur controversy and the wrestling icon has quietly kept himself out of the limelight, although there have been reports on how remorseful the Hulkster is for that unfortunate incident.

"I am looking forward to connecting with all my Hulkamaniacs during some of the biggest games of the year and at upcoming Fan Pick live events in the near future," says Hogan via TMZ Sports.

It will be recalled that Hogan was released by the WWE last July after the racist statements. At that time, Hogan was part of a legends deal and one of the judges for WWE Tough Enough.

There were big plans in the works at that time, including a possible retirement match for Wrestlemania 32 in 2016. WWE CEO Vince McMahon gave his blessing at the time provided Hogan would pass a physical.

As far as his beef with the WWE, Hogan clarifies that he is holding no grudges against the WWE for pulling the plug on him at WWE.com.

"I love those guys, man. That's my family," Hogan says via the Washington Post. "The only hard feelings I'll have for [WWE chief executive] Vince McMahon is when I get him back in the ring again. It'll be a replay of WrestleMania 19," the wrestling icon adds.