WWE Replica Titles

-

Jury in Hogan/Gawker trial back in court to determine punitive damages

Hulk Hogan, Gawker, their respective legal teams and the jurors who last week award Hogan $115 million returned to the courtroom today to award punitive damages, if any, to Hogan.

In her instructions to the jury, Judge Pamela Campbell explained that these extra punitive damages are not meant to drive a defendant bankrupt or financially destroy them but simply meant to deter future similar incidents and punish the defendant for what they did.

Gawker’s attorney said that the $115 million the jury awarded to Hogan last week already exceeds the value of the company by around $30 million and that amount is already beyond what they can afford.

Gawker grossed $48.7 million last year while the net worth of Gawker Media founder Nick Denton stands around $121 million and AJ Daulerio, the man who posted the Hogan sex tape story has $27,000…in debt, and no assets.

The jury went back to deliberate and a result is expected within the next few hours.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Dynamite TV Report for 04/24/2024

Venue: Daily's Place, Jacksonville, Fla. ***** To the Elite arriving earlier today with their belts.  Matt said he loved when Okada...

Dynamite to air live coast-to-coast tonight on TBS

AEW returns home to Jacksonville's Daily's Place tonight for Dynamite which will air live coast-to-coast due to other sports...

WWE 2024 Draft rules announced

WWE today published the 2024 Draft rules, with the two-night special taking place this Friday on Smackdown and Monday...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading