The series debuted on July 10, 2005 and centered on the family life of professional wrestler Hulk Hogan (Terry Bollea).

However, after later noticing the success of pop stars such as Hilary Duff and Britney Spears, Hogan accepted a deal to do the show as a way to help promote daughter Brooke's singing career.

In the episode "Hulkamania Forever", Hulk also mentions that the family has no source of income as lawyer and music studio bills in excess of $200,000 had come in recently.

Hogan explains in his 2009 autobiography My Life Outside the Ring, that paying unionized camera crews to film subjects continuously until something telegenic or dramatic occurs would be prohibitively expensive, and that as a result, shows such as Hogan Knows Best are "soft-scripted", and follow a tightly regimented shooting schedule that allows for typical work-related considerations such as lunch breaks.

According to Hogan, this would result in behavior that members of his family would never exhibit in real life, as when his son Nick tossed water balloons at neighbors from a window, or when his wife would wake up early to apply makeup and do her hair before camera crews arrived to film shots of the couple sleeping.

[3] It was reported that taping for an additional season of Hogan Knows Best halted in the summer of 2007, before it was finally determined that the show was canceled in early 2008 due to problems involving Nick, Linda, and Terry Bollea.

[4] On August 26, 2007, Nick was involved in a car crash while speeding in his Toyota Supra in Clearwater, Florida.

As of 2022, Nick's friend, active-duty Marine John Graziano — who was 22 years old at the time of the crash — is on life support with serious brain injuries.

"[11] Linda is reportedly seeking half of the couple's $9.5m in assets, including a stake in their Belleair mansion in Florida.

[14][15] In November 2008, Linda revealed to the public that she made the decision to end her marriage after finding out about Hulk Hogan's alleged affair.

[16][17] Due to the accident and legal issues that surrounded Nick and the divorce between Linda and Terry, the show was canceled.