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Old 11-23-2011, 05:55 PM   Topic Starter
Hammock Parties Hammock Parties is offline
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Hulk Hogan's wife takes all the things


http://tv.yahoo.com/blogs/yahoo-tv/h...210908388.html



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Details surrounding the divorce settlement between Terry Bollea, better known as Hulk Hogan, and ex-wife Linda Bollea have surfaced in an article in the St. Petersburg Times. The two were divorced in 2009, but specifics of their financial settlement were unknown until now.

So much for 50/50. Linda Bollea received more than 70% of the couple's liquid assets. But the pain doesn't stop there for the Hulkster. His ex also received a 40% ownership stake in Hulk's companies. Plus, she received a $3 million property settlement (more on that below).

The St. Petersberg Times writes that "the confidential financial settlement came to light this week after it was attached to a new motion filed by Terry Bollea's attorneys."

So, what are the gritty details? According to the documents, Linda Bollea got a lump sum of $7.44 million from the couple's investment accounts. The remaining $2.97 million went to the Hulk.

The properties were either sold or are still on the market. The couple's home used in "Hogan Knows Best" was originally listed for nearly $14 million. It is now available for around $8.87 million. Once that sells, Hogan will owe his ex-wife $1.45 million. The two will split the remaining proceeds.

Additionally, Linda Bollea received several cars in the split, including a Mercedes-Benz, a Corvette, a Cadillac Escalade, and a Rolls-Royce. Hulk received many of the remaining automobiles.

It may sound like Hulk got body slammed, but it's not all bad news for the iconic wrestler. Deadspin explains that the Hulkster will get to keep any money he earns from personal appearances and will not have to pay alimony.

By celebrity standards, Hulk and Linda had what could be considered a pretty successful marriage. They were together for roughly 26 years and had two children, Nick and Brooke. Their reality program, "Hogan Knows Best," ran for four seasons.
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Old 11-23-2011, 05:57 PM   #2
KCrockaholic KCrockaholic is offline
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I hate that ****.
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Old 11-23-2011, 05:58 PM   #3
cabletech94 cabletech94 is offline
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so, he doesn't get to keep her titays? or at least a share of 'em.
somehow, i don't feel a teardrop forming in my eye duct.
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Old 11-23-2011, 05:59 PM   #4
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Old 11-23-2011, 06:00 PM   #5
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Old 11-23-2011, 06:03 PM   #6
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Old 11-23-2011, 06:07 PM   #7
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That's some bullshit. That bitch has some nasty shit coming.
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Old 11-23-2011, 06:09 PM   #8
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Eh, so what? He's not starving.

Is he still ****ing his daughter's friends?
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Old 11-23-2011, 06:16 PM   #9
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I don't get how she's entitled to more money than him?
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Old 11-23-2011, 06:20 PM   #10
BigMeatballDave BigMeatballDave is offline
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Quote:
Originally Posted by Pants View Post
I don't get how she's entitled to more money than him?
If you are rich, and you **** around on your wife, be prepared to lose most of your shit.

Hulk is a dumbass for not knowing better.
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Old 11-23-2011, 06:35 PM   #11
Chief_For_Life58 Chief_For_Life58 is offline
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Quote:
Originally Posted by Dave View Post
If you are rich, and you **** around on your wife, be prepared to lose most of your shit.

Hulk is a dumbass for not knowing better.
He cheated on her? It doesnt matter. Who put all that stuff together? Hulk did! Who does he trust? Hulk! ...c'mer n' giv' me a kiss
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Old 11-23-2011, 06:39 PM   #12
Pants Pants is offline
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Quote:
Originally Posted by Dave View Post
If you are rich, and you **** around on your wife, be prepared to lose most of your shit.

Hulk is a dumbass for not knowing better.
I just want to hear the legal justification for such an atrocity, that's all.
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Old 11-23-2011, 06:47 PM   #13
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Quote:
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I just want to hear the legal justification for such an atrocity, that's all.
He most likely signed off on it with a guarantee that she won't talk about him.
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Old 11-24-2011, 06:56 AM   #14
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Quote:
Originally Posted by Pants View Post
I don't get how she's entitled to more money than him?
Yeah, I don't understand that stuff at all.

Are they maybe assuming that he can make more money while she's completely useless to society?

Not to imply that he has any legitimate use, but hey, the people love a good freak show.

Either way, it's ridiculous. If he earned most or all of the money, even a 50/50 split is ridiculous, but to me it should represent the top end of any settlement that's even close to fair.
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Old 11-24-2011, 01:09 PM   #15
Easy 6 Easy 6 is offline
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