I doubt that it will be Masters. I don't know why, but I don't think they'll go there. It's possible, though.
Farooq, while an odd choice, seems a little possible, especially now that he's back with WWE apparently, since he was on Byte This and he's apparently also on the WrestleMania mall tour thing. Maybe he's trying to get back at JBL by framing him?
Of course, it's all going to come down to Triple H paying them off to do it, and they'll probably join Evolution, unless something happens like they're traded to SmackDown! during the draft. Then Bradshaw can feud with whoever it is.
Could it be New Jack?