![]() Houston said in an emailed statement that “all parties have agreed it is time to move on.”ĭenton said in the Wednesday post that he was confident that an appeals court would have reduced the $140 million verdict, but “an all-out war with Thiel would have cost too much, and hurt too many people, and there was no end in sight…Gawker”s nemesis was not going away.” Thiel has said he would support Hogan, whose real name is Terry Bollea, “until his final victory. Hogan would take to Twitter (now X) on February 28, 2022, to announce that he and McDaniel divorced after 11 years. After a long legal battle, Hogan would reach a 31 million settlement with Gawker in 2016. Clem was the estranged wife of radio personality Bubba the Love Sponge. ![]() is dormant but its archives remain online. It showed Hogan having an affair with Heather Clem. The settlement instead means Hogan will get $31 million as well as 45 percent of the proceeds from potential sale of, said Elizabeth Traub, a spokeswoman for Hogan”s lawyer, David Houston. Thiel was outed as gay by a Gawker-owned website in 2007. It became even more notorious when it emerged that Silicon Valley billionaire Peter Thiel had secretly bankrolled the suit. On Wednesday, the two sides filed a settlement in. The invasion-of-privacy case, which revolved around a sex tape posted on, resulted in a $140 million verdict won by the former professional wrestler in a Florida court. The long-running legal saga between wrestler Hulk Hogan and Gawker Media founder Nick Denton is now all but done. And so, in October 2012, Hogan’s legal team files a lawsuit seeking damages of 100 million from Gawker. Today the founder of Gawker Media, Nick Denton, announced that his bankrupt company would settle claims with three litigants: the wrestler Hulk Hogan, the scientist Shiva. Gawker founder Nick Denton in a Wednesday blog post said that the “saga is over.” They notify Hogan’s lawyers that they’re willing to bankroll a lawsuit against Gawker. After a review of the stunning verdict in March in Hulk Hogan’s lawsuit against Gawker over the publishing of an excerpt of a sex tape, Florida Circuit Judge Pamela Campbell on Wednesday decided. The jury found Gawker guilty of invasion of privacy for posting a sex tape of Hogan and his friend’s wife without his consent. NEW YORK (AP) The shell of Gawker has settled with Hulk Hogan for $31 million, ending a years-long fight that led to the media company”s bankruptcy, the shutdown of and the sale of Gawker”s other sites to Spanish-language broadcaster Univision. Verdict and Settlement Amount in Hogan-Gawker Lawsuit After a five-year legal battle, Hulk Hogan won a 140 million verdict against Gawker Media in March 2016.
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