Settlement agreement reached in Hulk Hogan’s $110M lawsuit against Cox Radio
WWE Hall of Famer Hulk Hogan reached a settlement agreement in a $110M lawsuit against Cox Radio on Thursday.

Bay News 9 in Tampa, Florida is reporting that according to Pinellas County Court records, a confidential settlement was reached in Hulk Hogan’s $110 million dollar lawsuit against Cox Radio, DJ’s Mike “Cowhead” Calta, Matt “Spiceboy” Loyd and a few other defendants who were accused of conspiring to leak a sex video.

Also according to the report, the lawsuit claims a sex video began circulating around Cox Radio studios in 2012. Hogan claimed in the lawsuit that he was a victim of “radio wars” between Mike Calta and Bubba “The Love Sponge” Clem.  

Calta is accused of using his agent to have anonymously leaked the video to Gawker that showed Hogan having sex with Clem’s wife, Heather back in September 2012.

Gawker ended up filing for bankruptcy after losing the lawsuit brought on by Hogan for an estimated $140 million in damages over their website releasing footage the sex tape, in which Hogan officially settled for $31 million.

Loyd worked for Clem before getting his own show on 102.5 “The Bone” WHPT. 

According to Tampa Police, Loyd had admitted to stealing DVDs from Bubba’s new studio, making copies and leaking some of the contents to other media outlets.  Calta, Loyd and Clem have all worked for Cox Radio.

The remainder the $110 million dollars was the amount Hogan was seeking from Cox Radio and the other defendants.  It was also stated that all the defendants denied the allegations and fought Hogan in court for nearly four years before quietly settling on Thursday. 

Pinellas County Court records filed show that Loyd, his wife Tasha Carrega, and attorney Keith Davidson signed a stipulated permanent injunction that states they will not leak or possess the sex video.

Cox Radio is owned by parent company Cox Media Group.  Hogan did return Bay News 9’s request for a response regarding the settlement.

A jury trial in this case had been previously scheduled to begin sometime in January 2021.