Vince has blocked Hulk Hogan from his product many times due to him asking way too much money or wanting an unreal angle (him and Cena for the BELT at Mania)
While I've never heard that rumor, Cena/Hogan would outdraw ANYTHING WWE has put out as top draw for WMania the past five years EASY.
He has plenty of times. Are you going to say that he wasn't "passing the torch" when he lost to the Ultimate Warrior, Bill Goldberg, the Rock, Brock Lesnar or taping out to Kurt Angle?
He only passed the torch to Warrior. That's it.
He lost to Goldberg on an episode of fuckin Nitro JUST to beat Raw. It wasn't torch passing, it was a DESPERATE RATINGS PLOY. And guess what Goldberg beating Hogan led to? The fuckin Fingerpoke of Doom, the first nail in WCW's coffin.
He passed the torch to The Rock? Bullshit. Rocky was a bigger star than him at that point in their careers. The only reason Rock had the match with Hogan is because Austin, the industry king at the time, told Hogan to fuck off, he wasn't going to work him. The Rock was a big enough star to be the best fall back plan ever and if anything, Hogan owes him for adding a nice last run to his career.
He didn't pass shit to Kurt Angle either. His title run bombed so he had no choice to do what the boss said. How much did Kurt's stock rise after he beat Hogan? Oh about a whole lot of nothing, just more mid-card feuds till 2003.
And guess why Hogan got jobbed out to Lesnar on free T.V, besides the same reason he jobbed to Angle? Because Steve Austin was supposed to but told the WWE to fuck off, so the E threw yesteryears news to the Next Big Thing, and it did help his career a bit, but Rocky did more to pass the torch to the guy than a 50 year old who had lost his three last major programs because his title reign bombed.
And you forgot to mention the whole Sting debacle, where he WAS supposed to pass the torch but the cocksucker dicked the finish and it came off looking like complete shit and ruined the best booking of a title match ever, not to mention that right then and there, the WCW momentum stopped from a titan stepping on the throat of it's competition to letting it back in the fight, a fight that they'd eventually win. Way to pass the torch Hulk, all ONE time you did it. He didn't ever pass the torch in WCW, he burnt the mother fuckin organization to the ground with it.