Hulk Hogan reaches settlement in sex tape law suit

Former pro-wrestler Hulk Hogan has decided to abandon his lawsuit against former BFF Bubba the Love Sponge in light of the shock jocks letter of apology issued this week.

Bubba “the Love Sponge” Clem issued a formal apology today as part of a confidential settlement agreement saying; “After further investigation, I am now convinced that Hulk Hogan was unaware of the presence of the recording device in my bedroom. I am convinced he had no knowledge that he was being taped. Additionally, I am certain that he had no role in the release of the video. It is my belief that (he) is not involved, and has not ever been involved, in trying to release the video, or exploit it, or otherwise gain from the video’s release in any way.”

The trouble all started last month when a sex tape featuring the former wrestler and Bubba’s wife Heather Clem was leaked on the internet. Since the release, the Hulk has maintained that he had no idea that his indiscretion was caught on film. On October 15^th Hogan filed a lawsuit against both Clem and Gawker Media, who were steaming the video on their website. The incident took place over 6 years ago at a time when Hogan was having serious problems in his marriage to now ex, Linda Hogan. When the tape was first released Clem maintained that Hogan knew that there were cameras rolling saying on his radio show; “There were three people in that home. All three knew what time it was. You know I have surveillance. You knew of everything going on. But now that your feeling are hurt….you’re trying to cover you’re a** with you wife and your jobs and your social standing.” But in light of the settlement, Clems has done a complete 180, apologizing for going on the offensive and retracting the statements he made in previous weeks about Hogan and his family.