Monday, March 21, 2016

Message Not Sent: Hogan Only Gets Another $25 Million

Figured after the speed of the verdict and the overwhelming nature of the evidence against Gawker, Hulk Hogan was looking at a significant nine-figure punitive damage situation which would put the future of Gawker Media on a very short clock.


Either the jury feels Gawker is finished anyway, the whole thing probably is reversible, or Hulk's a slimeball (or some combination), but the punitive damage portion of the verdict was a paltry $25,000,000, announced today.


And the nuclear option has not, as yet, been invoked -- now starts 10 days of behind-the-scenes decision-making, though.  So we'll see what Gawker decides to do.

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