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Old 11-23-2011, 05:55 PM  
Hammock Parties Hammock Parties is online now
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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 11-24-2011, 12:57 AM   #31
kcxiv kcxiv is offline
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Originally Posted by Dave Lane View Post
If you mean by that that he has about $20 million more than you then yes he is in financial trouble.
i know he's hot hurting hurting, but i doubt he has that much, that bitch took 70 percent of everything then some.
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Old 11-24-2011, 01:01 AM   #32
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Hulk doesn't have any 20 million dollars. Hell, if you figure up his debt, it's probably closer to minus 5 million dollars.
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Old 11-24-2011, 06:42 AM   #33
Mile High Mania Mile High Mania is offline
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Sadly, there's really only one reason that he's actively wrestling again... it's for the money. No, he's not at Ric Flair level with finances, but Linda took him for a lot.
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Old 11-24-2011, 06:56 AM   #34
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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   #35
Easy 6 Easy 6 is offline
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He better hope Rent-A-Center renews him as a spokesman.
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Old 11-24-2011, 01:34 PM   #36
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She is hot now that I know she has boat loads of cash


meh...I wouldn't want the Hulks sloppy seconds...
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Old 11-24-2011, 04:21 PM   #37
BigRedChief BigRedChief is online now
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Old 11-24-2011, 04:39 PM   #38
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I can't believe that dude could stand by getting kicked out of his own home while some kid barely out of high school was crashing there banging his old lady. He should have pile drived the guy head first onto the cement and broke his neck.
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Old 11-24-2011, 04:40 PM   #39
jlscorpio jlscorpio is offline
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him and the Nache should go in on a studio apartment
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