Looks like a crappy makeup job to me. Especially by his lips. I've read elsewhere that since its bubba, nobody believes him. People think he's trying to work the internet, and doing a bad job at it
After Hogan got boo'd when he announced 6-sided ring was gone, they came out and told the audience that they're unpaid cast members and if they curse or react "incorrectly"(boo faces cheer heel, etc) they'd be kicked outwish i was joking