Hogan was body-slammed with a three-year suspension following a sordid audio emerged of the grappler unleashing a racist rant on a 2012 sex tape.
In a statement released on Sunday, the organization said this is his "second chance" after his innumerable public apologies and volunteering with children's programs.
Image Hogan real name Terry Bollea was fired after tapes recorded in 2007
In recent months, there have been numerous reports that WWE has been considering bringing Hogan back to the company. Following his speech to the locker-room, Hogan received a strong reaction, and a number of wrestlers started shaking his hand and hugging him. Hogan sued (and won) Gawker after the company released portions of a sex tape that was recorded without Hogan's knowledge or consent.
The WWE Hall of Fame features over one hundred wrestling legends, as well as people associated with World Wrestling Entertainment - like US President Donald Trump. "I've been praying for this day and I finally feel like I made it back home".
Hogan later called the 2007 incident the "biggest mistake" of his life.
Interestingly, Peter Thiel, the inventor of PayPal, funded Hulk Hogan $10 million in his fight against Gawker, due to the publication's frequent attacks on Thiel's sexual orientation.
Eric Bischoff, Hogan's close friend and former boss in WCW, told The Post in June he was hopeful WWE and the Hulkster could work something out and felt the WWE Universe would welcome the former champion back.
Four-mile-long iceberg breaks off from Greenland glacier
Large icebergs have been seen close to the community before, but villagers say this is the biggest they've ever encountered. The video, which is 20 times faster than real time, shows 3% the annual ice loss of Greenland occuring in 30 minutes.