It's being rumored that WWE has offered Batista a contract to return to the organization. We can't confirm or deny that as of this writing so take it as strictly a RUMOR for now. Source: EWN
I'd be cool with him returning. But much like a Jericho return, I want them to change his character. I'm completely cool with him being heel, but I hated the heel that he played. He was a giant crybaby...and it was just...annoying.
He was turned away by Zuffa (UFC/Strikeforce owners) so if he wants to make money he's got to go home.
I hope so. Although I didn't enjoy his last run as the "heel" Jericho, especially how they jobbed him a lot, I enjoyed his story-telling ability. Although he is getting up there in age, and has had a magnificent run, the way the WWE makes Cena invincible really makes it difficult to care one way or the other.