since Nerevar is a god and Vvardenfell is destroyed... could he have migrated to Skyrim? could we see Vivec? I think it would be cool to see Nerevar in skyrim..
With the Nerevarine being the player in TES3:Morrowind I can't see that being possible since it would ruin immersion creating a canon Nerevarine. I could see rumors though about him/her but not an actual appearance and even then that is a stretch since it is 200 years after Oblivion.