Well I thought I would offer my opinion of what should be done. There is no way that you can have any kind of induction of a faction without its leader. Lets take it away from wrestling. What would it look someone inducting the Jackson 5 into the HOF without Michael Jackson or the 90s Bulls without Jordan.
That being said this could be a win/win for both promotions. First of all Vince McMahon already does not see TNA as direct competition so he should not feel threatened by the fact Flair is an employee of their company. Secondly TNA should not only allow it but mention it on their program take the exposure that they have someone so esteemed and admired in the wrestling business as apart of their company. This is actually not new territory for both of these companies since they both promoted Mick Foley's last book when he was a part of TNA. The WWE could use Ric Flair and TNA could use some shine. If everyone says that they really give the fans what they want then give us the Horsemen.