Bad for wrestling: Hogan's terrible films hurt wrestling's image.
Hulk Hogan's Hollywood fare is best avoided at all costs. Hulk Hogan was great as a pro wrestler, and his interviews and promos are the stuff of legend.
But that charisma didn't translate well to the big screen. The problem is that wrestlers are being ostensibly 'real.' Hogan was playing a turned up version of himself, which came across naturally. When he was acting in a film, however, he had to be that character and sublimate himself.
The result was, as Arn Anderson put it, "Cheap, z grade movies that went straight to the video store and ended up on the shelf next to Ishtar."
Bad scripts, Hogan's limited acting ability, and low budgets all conspired to make Hogan's film career a bust. His antics may have hurt the public perception of wrestlers more than helped it.