Jury in Hulk Hogan Sex Tape Lawsuit Hits Gawker with ANOTHER $25 Million in Punitive Damages

hulk hogan sex tape lawsuit $25 million punitive damages

On Friday, the six-person jury in the Hulk Hogan sex tape lawsuit ruled against Gawker Media, Gawker founder Nick Denton, and former Gawker editor A.J. Daulerio, awarding the former pro wrestler a whopping $115 million.

On Monday, the same jury deliberated another four hours in the punitive section of the case, eventually awarding Hogan another $25.1 million on top of the $115 million.

The judge had previously informed the jury what each of the defendants was worth. Gawker Media is valued at $83 million, Denton is worth about $121 million, and Daulerio, the poor journalist, actually has $27,000 in student debt. The jury determined that Gawker is liable for $15 million, Denton is liable for $10 million, and Daulerio is liable for $100,000.

Needless to say, Hogan and his lawyers were thrilled.

“I feel great. I’m really happy about everything that’s happened,” Hogan told reporters outside the courtroom. “I think we made history today because I think we protected a lot of people from maybe going through what I went through. So we’re very excited, very happy.”

Hogan said he didn’t know what to expect when asked if he was surprised at the additional punitive amount handed down. However, his lawyer, David Houston, jumped in and said he wasn’t surprised at all.

“It was only the right thing to do, folks,” Houston said. “Of course we [expected it].”

Of course, as was the case with the Erin Andrews ruling a few weeks back, just because Hogan was awarded an astronomical amount of money, that doesn’t mean he’s actually going to get it. Hogan would probably negotiate a smaller payout rather than pay his lawyers to fight for every last penny.

Also, Gawker plans to appeal the case. And they think they can win.

Shortly after Monday’s ruling, Gawker president Heather Dietrick said she was confident that a trove of important documents the jury was not allowed to see will help them win the case on appeal.

“There is so much this jury deserved to know and, fortunately, that the appeals court does indeed know,” Dietrick said. “So we are confident we will win this case ultimately based on not only on the law but also on the truth.”

Stay tuned. This is not over yet.

Hat Tip – [CNN Money]

Tags: Gawker Media, Hulk Hogan, pro wrestling, professional wrestling, sex tape, WWE,