- Associated Press - Wednesday, November 23, 2011

CLEARWATER, FLA. (AP) - Court records show a financial settlement has been agreed upon between wrestler Terry Bollea _ better known as Hulk Hogan _ and his ex-wife.

The St. Petersburg Times (http://bit.ly/vGbAkV) reports Linda Bollea received a little more than 70 percent of the couple’s liquid assets in their divorce settlement.

He agreed to give his ex-wife 40 percent ownership in his various companies and pay her an additional $3 million property settlement. Linda Bollea filed for divorce in 2009.

The settlement was confidential but came to light this week after it was attached to a new motion filed in court records.

The paper reports Linda Bollea received $7.44 million of the couple’s $10.41 million that was held in bank and investment accounts. Terry Bollea will not pay his ex-wife alimony.



Click to Read More

Click to Hide