Hulk Hogan stripped down to a thong and straddled a wrecking ball in the latest of many spoofs directed at Miley Cyrus and her racy music video for her single "Wrecking Ball." Hogan spoofed Cyrus in the video, which is an ad for the web hosting service Hostamania.com. Hogan, arguably the most famous wrestler of all time and a key reason for the industry going main stream with his spread of 'Hulkamania' through the world in the late 1980's and early 1990's, is in a strange element in the ad.

Unlike Cyrus, Hogan didn't appear nude in the video, but he did go as far as to ride the wrecking ball in a thong, and kick a man in the face during the video, which lasts just over a minute long while Hogan's old WCW theme song plays in the background. In the ad, Hogan is donning his classic red and yellow attire complete with wristbands, a red Hogan bandana, yellow sunglasses and, of course, a yellow boa.

The ad comes just as Hogan's wrestling days could be behind him.

Hogan is no longer in business with TNA as his contract expired on the first of October, but the two sides are hoping to work out an agreement that will bring the wrestling icon back to the company. SES Scoops reported that the two sides are negotiating back and forth but have yet to reach an agreement on a new contract, so for now Hogan can do whatever he wants within the wrestling realm or with outside endeavors such as the ad.

With his options unlimited, it was a bit scary to see just exactly what Hogan decided to do in the campaign for Hostamania. Reports indicate that the only thing holding up a deal renewal between Hogan and TNA Wrestling is that the two sides can't come to terms on money. TNA, which reports indicated last week was losing revenue, is trying to cut costs and renegotiate talent contracts, but since Hogan is a wrestling legend he is looking to command a large salary from the company.

Hogan's last appearance with TNA occurred on the Oct. 3 episode of TNA that was taped a few days before his contract expired. On the final segment of the evening, TNA promoter Dixie Carter grabbed Hogan by his legs and begged him to stay, but he walked out of the arena.

Whether or not Hogan will come to terms with TNA remains in question, but the video of him half-naked straddling a wrecking ball is something that his fans won't quickly be able to shake off.