Hulk Hogan Knocked Out, Ex-Wife Gets 70 Percent in Divorce Settlement

 

It is a knock out loss for former pro-wrestler champion Hulk Hogan.

Hogan and ex-wife Linda Bollea have just reached a divorce settlement and the blonde will be walking away with 70 percent of the couples' liquid assets

Linda received 70 percent of the couple's liquid assets, which totals to $7.44 million of the $10.41 million held in bank and investment accounts.
Hulk got the remaining $2.97 million.
Linda also obtained 40 percent ownership and an additional $3 million "property settlement."
The two are still disputing over $126,000 that Hulk supposedly owes Linda as payment against revenues garnered by his company last year.
Linda also got to pocket the keys to a Mercedes-Benz, a Cadillac Escalade, a Corvette, a Rolls-Royce and various off-road vehicles.
The couple decided to sell their homes, which included the $13.9 million estate in Belleair, Florida where they filmed their reality show for VH1, "Hogan Knows Best
."However, RadarOnline.com recently reported that the house has been marked down to $8.8 million. When they first listed the house in 2007, Hulk and Linda were asking for $28 million.
The Huffington Post reported that the settlement details were supposed to be confidential but surfaced after the filing was attached to a new motion put into court records.
Hogan will not pay Linda any alimony.
The two married in 1983 and have two children together - Brooke and Nick. Linda filed for divorce in 2007 after reports of Hogan having an affair leaked. Linda then began dating a 19-year-old who was a former classmate of daughter Brooke's.