Gawker Settles Lawsuit With Hulk Hogan
The Hulkster is walking away with $31 million.
Hulk Hogan had legdropped Gawker out of existence in August, and now, he wants his money.
While Hogan initially won $140 million from his trial against the website, he will be walking away with $31 million after a settlement was reached today. Nick Denton, the founder of Gawker, decided to settle as he said an "all-out legal war" would have "cost too much and hurt too many people."
Along with all the cash handed out to Hogan, he got the story pertaining to his sex tape removed from the web.
This all occurred when Hogan had sex with the wife of his good friend Bubba The Love Sponge (who was also briefly an employee of TNA). Even though he had Bubba's consent, he claimed he didn't know he was being recorded. That tape was then leaked to the gossip website who decided to run with it.
What was most damaging about the footage, though, were the offensive racial comments Hogan made in it. As soon as word got out, he got the big boot out of WWE, and so he sued Gawker for invading his privacy.
This monetary award will surely help him Hulk up again. And perhaps with part of his bad publicity out of the way, he'll find himself back in WWE in some form sooner rather than later.