TMZ.COM is reporting that WWE and Hulk Hogan are in negotiations for a return to the company and the deal is close to being finalized.

TMZ adds that someone from the Saudi royal family requested Hulk Hogan to be part of the Greatest Royal Rumble event but things did not work out in time for Hogan to appear on the show.

Hogan was fired from WWE in 2015 during the filming of Tough Enough where he was serving as one of the judges. The Hulkster got the pink slip after a tape was leaked revealing Hogan saying several racist remarks.

When TMZ reached out to WWE to ask about the rumor and his recent induction in the Boys & Girls Club Alumni Hall of Fame, WWE said, “WWE applauds the work Hulk Hogan is doing with Boys & Girls Clubs of America to turn what was a negative into a positive by helping young people learn from his mistake. While he has taken many steps in the right direction since we parted ways, Hogan is not currently under contract to WWE.”