As the old saying goes, “It’s cheaper to keep her”… Wrestling superstar and sports personality Hulk Hogan was hit with a knockout blow Friday by the news that his ex-wife Linda Bollea was awarded a little over 70% of his assets, per the St. Petersburg Times. Here are details:
Details from the settlement show Linda Bollea received $7.44 million of the couple’s $10.41 million that was held in bank and investment accounts. Terry Bollea got the remaining $2.97 million.
In addition, Hogan, 58, the semiretired professional wrestler whose real name is Terry Bollea, agreed to give his ex-wife 40 percent ownership in his various companies and pay her an additional $3 million “property settlement,” according to the filing.
Terry and Linda were married 26 years before their divorce in 2009 amid rumors that Hulk was having an affair as early as 2007. Linda began dating then 19-year-old Charlie Hill after filing for the divorce. Hill was a HS classmate of Terry and Linda’s children whom she got engaged to in 2010. Hogan himself remarried in late 2010.
70% of your assets to a woman who was cheating on you with a kid that’s younger than her own? Talk about a raw deal. But hey, it could be worse; Shane Mosley lost his championship belts to his ex-wife earlier this year. TKO.