4. Hulk Hogan Getting $31 Million From Gawker By The End Of The Year
Below is what the New York Post is reporting regarding WWE Hall of Famer Hulk Hogan getting $31 million from Gawker:
A Manhattan federal judge Tuesday approved a bankruptcy plan for Gawker that includes a $31 million payment to Hulk Hogan, $1.5 million to settle four other lawsuits, and protection for former writers against future legal claims.
Hogan forced Gawker into bankruptcy in June when he tried to collect on a $140 million award from a Florida jury after the site posted a video of him having s** with his then-best friend’s wife.
The March invasion-of-privacy verdict included $55 million in economic damages, $60 million for emotional distress and $25 million in punitive damages.
Hogan is expected to receive the money by the end of the year.
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