Hulk Hogan Divorce Settlement

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Marriage is a relationship that combines two soles into one. People should make sure that they respect their relationship and live their life in harmony. There are various reasons why most of the people are ending their relationships in divorce; some of them are extra-marital affair, drug addiction and family crisis. Hulk Hogan divorce came as a surprise to everyone as both the partners complimented each other well. Hulk Hogan divorce settlement seemed controversial in some aspects. The common issues in their relationship were related to money and children. When the issues went beyond the degrees of repair, both the partners decided on taking divorce and ending the suffering.

One of the main things that the couple should keep in mind while taking divorce is to keep their calm and let the children know about it when the time is appropriate, so that they understand rather than misunderstanding the whole thing. Divorce of parents can lead to a drastic change in the life of the children as they start feeling unwanted and lonely. One such example of Hulk Hogan is given below

Introduction to Hulk Hogan Divorce Settlement

One of the biggest names in the world of Wrestling is Hulk Hogan. His original name is Terry Gene Bollea. He is a professional wrestler in the United States and became a world heavyweight champion 12 times. In 2005, he was inducted in the WWE Hall of Fame. Some of the most honorable achievements are marked under his name. He decided to get married and took vows with Linda Claridge on December 18, 1983. They lived in harmony and are the proud parents of two children:

• Brooke, a daughter (Birth date: May 5, 1988)
• Nick, a son (Birth date July 27, 1990)

In 2007, Christian Plante disclosed that Hulk was having an affair with her. Consequently, on November 20, 2007, Linda submitted a petition for divorce in Pinellas County, Florida.

Terms of Hulk Hogan Divorce Settlement

Hulk and Linda had conflicts regarding various issues such as money and their children. Eventually, all the issues were resolved and both of them disclosed that they had reached a mutual agreement.

Linda's lawyer, Ray Rafool, hinted the judge that a marital settlement agreement was ready. However, the terms of this divorce settlement were not revealed to the public. Nevertheless, the public knows two facts as follows.

• As per the 2008 court filings, the net worth of the couple ranged from 26 to 32 million USD
• Hogan's representative made a statement that both Hulk and Linda are hopeful that they can maintain a friendship and collaborate as parents for their kids.

There were contemplations that Linda was at the favorable end of the deal. After getting free from the legal hassles, this couple expressed a desire to retain friendly terms, specifically keeping the best interests of their children in mind.

There were contemplations that Linda was at the favorable end of the deal. As both had freed themselves from the legal hassles, this couple expressed a desire to retain friendly terms, specifically with the intent of the best interests of their children in mind.

Net worth of the couple

As per the 2008 court filings, the couple owned the following.

• A mansion on Willadel Drive in Bellaire having an area of 17,000 square feet. On property tax rolls this was estimated at 6.4 million USD.
• A Clearwater Beach House having an area of 3,474 square feet and valued at 1.4 million USD
• Bank and Brokerage accounts worth 12.9 million USD
• 14 cars and trucks inclusive of a Rolls-Royce
• 5 water scooters
• 4 Harley-Davidson motorcycles
• 4 Yamaha scooters
• 2 powerboats

Rafool's comments regarding the divorce settlement

Ray Rafool made the following statement regarding this divorce.

"Linda received an outstanding settlement result and I think both parties had compromised but Linda is extremely happy with the settlement. It was bittersweet and it was also a relief, and as Linda said, in every grey cloud there is a silver lining, so I think for both of them, they were very relieved to be on the same page and they were very relieved that they would have this chapter of their life behind them."

Both the partners decided on taking a mutual divorce so that no one has to suffer much. They came to a settlement regarding all the major aspects that were to be taken into consideration during the divorce proceedings. After it became public that this couple had drafted a divorce settlement, Linda planted a kiss on Hulk's cheek. The scenario in the courtroom was a complete contrast to the previous months when both were busy in a bitter feud. Linda declared that the war between them is now over. The two are happy in their own worlds now leading separate lives.

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