Why would he fight Tito??? Tito's coming off of two straight loses. That's a definite step down for Hendo IMO. I think the fight that makes sense is Bonner.
Well i think if Hendo doesn't fight anybody he will end up fighting JBJ anyway, so the UFC may choose to give him an easier fight over an opponent with a decent name, Tito would fit that mould, that being said i wouldn't expect Tito to accept such a fight.