And that is...kind of a shame, especially when you reach the part that explains Hogan himself will be a consultant and executive producer on the film.
Depending on your age bracket, you're probably familiar with one of two possible Hulk Hogans, whose outside-the-ring name is Terry Bollea.
THR reports that the biopic will not dip into some of the negative stories that have followed him in recent years but it will focus on Hogan's rise. This film will also reunite Phillips and Scott Silver, the team behind the upcoming film The Joker based on the famous DC Comics villain.
No production or release dates for the Hulk Hogan project were announced.
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Back in 2013 Hogan said he would want Hemsworth to play him in a biopic. Well, that's too damn bad, brother, because that's exactly what he'll be doing in the near future.
The film is expected to look into Hogan's ascent from the Florida wrestling circuit to becoming the face of the World Wrestling Federation in the 1980s where he squared off with villain Andre the Giant.
Thor and Hulk might be getting their own movie.
While Hogan has dealt with plenty of controversy and personal issues clouding his post-wrestling days, the movie will exclusively focus on Hogan's origin story and his rise through the ranks of WWE as he became the face of the company and, ultimately, a legendary icon. Instead, sources say it will focus on his rise and is described as an origin story of the Hulkster and Hulkamania. Chris Hemsworth will also be a producer for the project along with Eric Bischoff.