Wednesday, November 23, 2011

Hulk Hogan Divorce Details Go Public

Details surrounding the divorce between Terry Hogan, better known as Hulk Hogan and his ex-wife Linda Hogan surfaced in an article in the St. Petersburg Times. The two divorced in 2009, but the specifics of their financial settlement has not been known until now.

Linda and Hulk Hogan in February 2006

So much 50/50. Linda Hogan has received more than 70% liquid assets of the couple. However, the pain does not stop there for the Hulkster. His old also received a 40% ownership stake in the company of the Hulk. In addition, she received the resolve property worth 3 million (see below it).

St. Petersburg Times wrote that "confidential financial settlement came to light this week after it was associated with a new motion was filed by attorney Terry Hogan."

So the gritty details are what? According to the documents, Linda Hogan has a $ 7.44 million from the investment account of the couple. The remaining $ 2.97 million going to the Hulk.

The properties or sell, still on the market. The couple's use of "Hogan Knows Best" was originally listed for nearly $ 14 million. There are now approximately $ 8,870,000. When selling, Hogan will owe his ex-wife $ 1,450,000. Both will share the remaining proceeds.

In addition, Linda Hogan getting a few cars in the division, including a Mercedes-Benz, a Corvette, Cadillac Escalade and a Rolls-Royce. Hulk get the remaining cars.

It may sound like Hulk has body slammed, but it's not all bad news for the iconic wrestler. Deadspin explains that the Hulkster will get to keep any money he earned from personal appearance and will not have to pay alimony.

According to the well-known standards, Hulk and Linda had what might be considered a successful marriage. They were together for about 26 years and have two children, Nick and Brooke. Their actual program, "Hogan Knows Best", ran for four seasons.

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