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Hulk Hogan Settles With Gawker for $31 Million
Hulk Hogan will settle all of his litigation with Gawker Media for $31 million with the possibility of more, ABC News has confirmed. Settlement documents filed at a New York federal bankruptcy court stipulate that Hogan, whose given name is Terry Bollea, will get $31 million plus share with other creditors 45 percent of any additional funds that come into the bankruptcy court by virtue of third-party claims brought by Gawker. Hogan's camp said in a statement: "After almost five years of litigation all parties agreed it was time to resolve this matter. This will allow people to go about their lives and ... (full story)