Former Bubba “The Love Sponge” employee accused of leaking Hogan’s sex tape

Hulk Hogan

The FOX affiliate in Tampa, Florida, is reporting that Matt “Spiceboy” Loyd, a former employee of Bubba “The Love Sponge” is being investigated as the possible person who leaked the Hulk Hogan sex tape to the media.

The police report states that Loyd stole several sex tape DVDs from Bubba’s office and distributed clips to sell the tapes, including selling one to TMZ. Apart from that, he also contacted a “sex tape broker” by the name of Keith Davidson “to engage in the extortion of Terry Bollea.”

A middleman was allegedly hired by Loyd to do the dirty work for him so his name does not show up anywhere. He reportedly paid $10,000 to his wife’s best friend for her involvement. The same person, Lori Burbidge, told detectives she was told to meet with the broker and complete a deal with Hogan and his attorney.

Burbridge, who is apparently throwing Loyd under the bus, told police that he also leaked pictures of the Hogan sex tape to apart from TMZ and was paid $8,500 in return. The money was deposited in her bank account so Loyd remains anonymous and later she handed “Spiceboy” a cashier’s check for $8,000.