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Honky Tonk Man turns down offer to be inducted into WWE Hall of Fame

Posted: Jan 28th 2010 By: mikeiles

HTM declined the WWE offer to be inducted into the HOF class of 2010. There were multiple reasons why HTM decided against this induction. Negotiations started Friday Jan. 22 and carried over till Wed. Jan. 27 at which time HTM informed WWE that he would not be interested in this years induction into their HOF.

One of the main reasons was a conflict in the schedule. HTM is booked for the Wizard World Comic Con in Toronto for the same date WWE wanted. HTM felt he should stand by his Wizard booking since they had put out publicity on his appearance to be there. Also the Wizard booking has been on his books since early December. WWE had more than enough time to get their date locked in with HTM.

Wizard has HTM booked for 7 events this year and WWE had only 1 event for HTM. HTM would have suffered a serious negative cash flow by taking the WWE booking since they want a "no compete" clause over several months after the HOF. HTM would have been handcuffed with no way to provide income for his family during the "no compete' months. The dollar figure from WWE for the one event was less than HTM could make in one weekend at Wizard World. Therefore HTM decided 7 dates with Wizard would mean 10 times the money WWE was offering and Wizard does not have a "no compete" clause.

This is just one of several reasons HTM decided to waive the WWE offer and commit to Wizard. There will be more reasons revealed why HTM made this decision in the coming weeks. There are several, but the TNA deal was not one of them.

Tags: Honky Tonk Man, WWE, TNA