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Think long term and do something in the vein of what Vince Russo tried with the New Blood vs Millionaires Club feud. Put a bigger focus on newer and younger stars while the influence of older stars gradually moves away.
The goal being within a few years to have a Starcade act as a "passing of the torch" moment.
Hogan, Nash, and a few others could be big obstacles but if they want to wreck havoc on the plans, let them leave and hurt whatever the WWF is trying to do or just use them a lot less and "eat" most of what's left on their guaranteed salaries.
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