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He lost the title back to Bret at Mania 10.
For the record, I think the WM9 deal definately made Bret look weak. Unfortunately, people who were still watching the WWF at the time wanted a new star and put all their faith into Bret Hart. In other words, people wanted to see Bret Hart, and ONLY Bret Hart on top. Hogan didn't defend for months because people didn't want to see him in any match other than one against Bret Hart. Even when Yoko got the belt back and they planned to make Lex Luger a superstar, the people still wanted Bret Hart as champ.
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