Wrestling Deals – WWE News, Deals and More

Partial Divorce Settlement Reached For Hulk Hogan and Linda Bollea

by on Aug.15, 2008, under Wrestling News

Terry “Hulk” Hogan, Linda Bollea during their divorce

For those of you have any interest at all left for the former great Hulk Hogan’s life, We’ve just heard that Hulk Hogan and Linda Hogan (aka Linda Bollea) have come to an agreement earlier today regarding how the couple will temporarily split their assets as their divorce goes forward. In short, the agreement decreed:

Linda will receive $40,000 a month in temporary alimony over the next year.
Hulk will take $500,000 out of their combined assets.
Hulk will be allowed to withdraw up to $400,000 to cover legal costs involved in Nick Hogan’s criminal defense.
Linda Bollea gets use of one home, while Hulk gets use of the other.
The couple will have to copy and provide the other any mail addressed to the couple.
The couple will temporarily split their vehicles during the divorce proceedings.

And finally, the court has also allowed Hulk Hogan out of a previous agreement that he would have to put money into a proposed Las Vegas condo for Linda.

Can’t wait to see what’s next for the soon to be no-longer-couple.

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