Settlement in Hulk Hogan divorce case in Fla.

Associated Press

FILE - In this Feb. 8, 2006 file photo, Hulk Hogan and his wife Linda arrive at the 48th annual Grammy Awards, in Los Angeles. Court records show a financial settlement has been agreed upon between wrestler Terry Bollea, better known as Hulk Hogan, and his ex-wife Linda. The St. Petersburg Times reports Linda Bollea received a little more than 70 percent of the couple's liquid assets in their divorce settlement. (AP Photo/Chris Carlson, file)

CLEARWATER, Fla. (AP) — Court records show a financial settlement has been agreed upon between wrestler Terry Bollea — better known as Hulk Hogan — and his ex-wife. The St. Petersburg Times (http://bit.ly/vGbAkV) reports Linda Bollea received a little more than 70 percent of the couple's liquid assets in their divorce settlement. He agreed to give his ex-wife 40 percent ownership in his various companies and pay her an additional $3 million property settlement. Linda Bollea filed for divorce in 2009. The settlement was confidential but came to light this week after it was attached to a new motion filed in court records. The paper reports Linda Bollea received $7.44 million of the couple's $10.41 million that was held in bank and investment accounts. Terry Bollea will not pay his ex-wife alimony.