CLEARWATER, Fla. — Court records show a confidential financial settlement has been agreed upon between wrestler Terry Bollea — better known as Hulk Hogan — and his ex-wife.
The St. Petersburg Times 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 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.
Copyright 2011 Associated Press. All rights reserved.
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