Just weeks after Hooters filed for Chapter 11 Bankruptcy, Hulk Hogan's Real American Beer is potentially set to give an all-cash offer for the brand's intellectual property.

Wrestler Hulk Hogan's Real American Beer wants to use Hooters' name on merchandise.

One source told the Business Insider that Real American could potentially license the Hooters name back to the restaurant at some point and that the beer company is not interested