Hulk Hogan is cashing in on some major funds…
Just three days after the former pro wrestler was awarded $115 million in his legal case against the media blog, a jury on Monday afternoon reached a verdict in regards to punitive damages.
Gawker Media will be paying another $15 million to Hogan in punitive damages while its founder Nick Denton will have to personally pay $10 million.
more after the cut.....
The previous financial award was for economic injuries and emotional distress while Monday’s ruling specifically related to punitive damages typically awarded to punish the defendant.
Hulk sued the media company for $100 million back in 2012 and accused the website of invasion of privacy and other torts after posting 101 seconds of a sex tape featuring the wrestling icon and his ex Heather Clem.
“Thank you God for justice, only love 4life,” Hulk shared on Twitter after the initial verdict was read Friday evening. “Told ya I was gonna slam another giant.”
Gawker, however, made it clear that they will be ready to fight once the appeals process begins.
“There is so much this jury deserved to know and, fortunately, that the appeals court does indeed know,” Gawker said in a statement. “So we are confident we will win this case ultimately based on not only on the law but also on the truth.”
source: E!
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