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$31 million

Hulk Hogan gets $31 mn in Gawker tape settlement

WASHINGTON: Former professional wrestler Hulk Hogan agreed Wednesday to accept at least $31 million from Gawker Media to settle his lawsuit over publication of a sex tape, court documents showed. The settlement was revealed in court documents in the case which drove the gossip-focused media group into bankruptcy. The case also divided media and press-freedom advocates after it was revealed that Silicon Valley billionaire Peter Thiel had funded Hogan's case as part of an effort to drive Gawker out of business. Hogan …