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The Hulk Hogan Memorial Show on Nitro would have seen the highest ratings ever for a wrestling show while Raw has its lowest ever. WCW would benefit financially as they would have all kinds of RIP Hulk merchandise and people would buy it up. I'm assuming Hogan is murdered so the Hogan murder trial is a national headline.
WWF would probably struggle to keep up with Nitro in the ratings following his death but I think they would survive. I could see the NWO ending and Hall and Nash returning to the WWF eventually to have a fresh start. I really think that WCW would have lasted a bit longer has this happened and would have benefited from the tragedy in the short term but once everything settled back in to normal WWF would regain the advantage and WCW would be in the same situation. It would have maybe bought them a year or two more in my opinion.
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