This is a Hulk Hogan S.L.U.G Zombie figure.
Well, actually it’s a Hulk Hogan knockoff since it isn’t licensed or really called “Hulk Hogan” but whatever.
S.L.U.G stands for Super Ugly Little Guys. They’re like M.U.S.L.E figures, I guess.
So yes, it’s basically a little green zombie Hulk Hogan.
This is one of those things that’s cool to have if you’re 8, but kind of dumb if you’re over 8.