Hulk Hogan Receives Additional $25 Million in Punitive Damages

In a huge news story from last week, Hulk Hogan was recently awarded $115 million in a settlement regarding a sex tape that was leaked by Gawker. However, the ramifications from this trial did not end there, as earlier today, a Florida jury awarded Hogan an additional $25 million in punitive damages.

 

According to The Associated Press, Gawker was ordered to pay $15 million to “The Huckster,” while the company’s founder, Nick Denton is being forced to pay an additional $10 million. In addition, Gawker’s former editor in chief, Albert J. Daulerio, must pay $100,000.

Gawker plans to appeal the verdict.

According to FOX News, Hogan’s lawyer, Kenneth Turkel, had asked jurors Monday to add punitive damages to the $115 million judgment. Gawker’s lawyer pleaded that the existing verdict was already “debilitating” for the company. Turkel had asked the jury to decide on a punitive amount as both punishment to Gawker and a deterrent to other media companies.

In an unrelated story, it has also been previously reported that Hogan had a desire to return to WWE before WrestleMania 32, and will be in Dallas during the weekend of the event. However, the recent media coverage regarding this trial may put a deterrent to these plans.

Reports from The Associated Press, FOX News, and other media outlets were used in this article.

Editor’s Note:

I’m sure just like most of you, Hogan wants and needs this to be over with. The longer this stays in the news, the worse it is for both him and WWE.

Follow @Dericho06