Is WWE doing the right thing to the HulkStar?

Hulk Hogan

We know WWE has removed anything related to Hulk Hogan from their official website and is denying their link with him, when found out he used racial slurs and WWE has 0 tolerance towards Racism. But should they behave like this? I think they could have suspended him for a few months or do something like that but denying his contributions to the wrestling industry won't be fair. Here are a few reasons why....

1. Everyone makes mistake. A mistake cannot define a person. If your friend made a mistake years ago and apologize about it...won't you forgive him? yes, we all will do the same. Also no one bothered to check if Hogan had changed after that incident. Again, this video which is the proof that Hogan has used racial slurs was taped 8-9 years ago. If we outcast anyone who made a mistake in life the Earth would soon become vacant.

2. WWE want to erase Hogan from History books because of him using the "N" word. But even WWE cannot call themselves racism free. Why? even Vince used the "N" word in a conversation with John Cena. Mexican superstars Rey Mysterio and Alberto Del Rio had complained about numerous racism instances within WWE, a similar incident led to the firing of Del Rio. Even many gimmicks of wrestlers in WWE hinted racism. The question still remains...why did WWE never had a Black Champion?

3. A lot of celebrities have backed Hogan. While many youngstars support WWE's decision of erasing Hogan, many of the legends of wrestling business have supported Hogan. This list includes Jim Ross, one of the most respected men in this business, also Mick Foley who have tweeted supporting Hulk. Undertaker is also rumoured to support the Hulkstar. Why are they supporting Hogan? because they know how this wrestling business works. They know the racial slurs that go behind the scenes and singling out Hogan would be wrong.

4. WWE's worth came down by $50 Million after firing Hogan. So you may question they may have fired him for financial reasons? NOPE. Hogan was not the face of WWE, the shares will be up and running by next week even if Hogan is there or Hogan is not there. His presence is not going to make a big difference. It’s guys like Lesnar, John Cena, Randy Orton, and the other big names that drove the business and Hogan had the smallest role to play.

5. WWE cannot do the Chris Benoit treatment to Hulk Hogan. Hogan was the main reason WWE became Mainstream. He was the champion from 1984-1988. He has mainevented WrestlMania on several occasions. His matches with Andre The Giant, The Rock, Macho Man, Bret Hart, Stone Cold, Brock Lesnar, Undertaker are unforgettable, also who can forget about the New World Order (NWO). If they erase Hogan there will be a Large Loophole in the history of WWE, which I think they don't want.
These are my views, what you guys think?