Former Professional Wrestler Hulk Hogan Wins $115 Million In Gawker Sex Tape Lawsuit
By Space Coast Daily // March 18, 2016
Former Cocoa Beach resident Terry Bollea
ABOVE VIDEO: Former Cocoa Beach resident and professional wrestler Hulk Hogan, whose real name is Terry Bollea, has been awarded $115 million in his invasion of privacy lawsuit against Gawker. (SI.com video)
Former professional wrestler Hulk Hogan has been awarded $115 million in his invasion of privacy lawsuit against Gawker.
The verdict awarded Hogan, 62, $55 million in economic injuries and $60 million for emotional distress, after Gawker published in 2012 a portion of a sex tape involving himself and the then-wife of a friend, Bubba Clem, in addition to a 1,400 word description of the video’s contents.
Gawker, in a statement, said it intends to appeal.
Florida law requires a party to post a bond for the full amount of damages, which is capped at $50 million. The Tampa Bay Times reports Hogan asked for $50 million on Friday, a figure calculated by how much Hogan might have earned had he chosen to market the tape himself.
Hogan sued the media company, its founder Nick Denton and original post author A.J. Daulerio and sought $100 million in damages. He says he was unaware the encounter was being taped, and Gawker says it received the video from an anonymous source.