I think everyone should wait and see how this pans out.
If used properly his signing is great for drawing attention to the company.
Let's not forget this company has made Matt Morgan a bona fide star against Kurt Angle, is doing quite well at elevating Hernandez, has AJ Styles on top and Desmond Wolfe debuting and taking out Angle in his first appearance, something you would never see in WWE, taking out someone so big.
If he puts over young talent like this, it can work, heck Booker T is gone, rumour has it Steiner is off and Sting's absent for a while.