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Hulk Hogan to pay $40k per month in spousal support for starters!

Posted on August 15th, 2008 by Hot Momma

Hulk Hogan to pay $40k per month in spousal support for starters!

The divorce isn’t settled yet but a few rulings have been made in the Hulk Hogan - Linda Hogan case. A Pinellas County judge ruled today that they do not have to purchase the condo that Linda wanted in Las Vegas. They had originally planned on purchasing the condo before they split up and put an $840,000 down payment in 2005. Linda wanted to go through with the purchase, Hulk (real name Terry Bollea) thought the property had dropped too much in value.

But Linda didn’t do to bad for herself. Hulk was ordered to pay Linda $40,000 a month for living expenses starting this September, and lasting for one year. In addition Linda gets the home on Willadel Drive in Belleair, listed by the property appraiser at $7.25-million, and Terry gets the house on Eldorado Avenue in Clearwater Beach, listed at $2.24-million. Each of the spouses will get to use three vehicles, the agreement said. The rest of the fleet will stay in storage.

Remaining assets will be divided between Terry and Linda when the divorce is eventually settled. A large chunk of the fortune might go to pay for medical treatment for John Graziano, a 23-year-old Marine who was a passenger when their son, Nick Bollea (who is currently in jail), crashed his car last August.

Source



Older (Possibly) Related Posts:
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  • Despite $40,000 Monthly Alimony Payments from Hulk Hogan - Linda Bollea needs more money!
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