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Booker T Hulk Hogan Belongs Back In WWE

WWE legend Booker T says Hulk Hogan deserves a 2nd chance in the WWE after his n-word scandal ... and tells TMZ Sports he'd welcome Hogan back with open arms.

Booker T and Hulk have been friends for decades -- and the 53-year-old essentially says Hulk's legacy shouldn't be defined by that racist outburst caught on tape.

"Everbody deserves a second chance," Booker T says ... "It's what life is all about."

As Booker would tell Hogan to his face -- "Man, I would say, 'Welcome back.