What’s more embarrassing than having a sex tape leak?
Having a sex tape leak where you are heard using the “N-word”.
While referring to your daughter’s boyfriend.
In pillow talk with your best friend’s wife. Whom you’re seen having sex with.
That would even embarrass a pro wrestler. Yes, Hulk Hogan, I’m talking about you.
If Hulk Hogan’s sex tape had been a silent film, perhaps it just would have cost the living legend his friendship with deejay Bubba the Love Sponge, whose wife (now ex-wife) Heather Clem co-stars in what appears to be security camera footage. Instead, the man behind Hulkamania was recorded cursing out African Americans while using racial slurs. The wrestler, whose real name is Terry Bollea, reportedly admits on the tape, “I guess we’re all a little racist.” Not quite.
As a twelve-time champion in a sport that’s fake, Hogan was the world’s most recognizable wrestling superstar. Despite being 61-years-old, he could still win contests, because, well, the matches are fake. But after a transcript of the tape was published recently, World Wrestling Entertainment terminated his contract and wiped him from their website. They even removed him from their Hall of Fame section.
Based on other WWE contracts, we estimate that cost him $5 million in present and future wrestling-related gigs. That includes being a judge on the sixth season of WWE’s reality show, Tough Enough, and the WWE no longer selling Hulk merchandise. If only during his sexcapade, when he took off his do-rag, he stuffed it in his mouth.
On the tape, the former reality star admits another costly mistake in regards to his daughter Brooke: “I spent $2-3 million on her music career, I’ve done everything like a jackass for her.” How did that investment turn out? Her last CD, released in 2009, didn’t crack the top 100 charts, nor did the two singles it spawned. Let’s call that a $2.5 million foul-up.
But all that pales compared to Hulkster’s biggest blunder: not cashing in on the right endorsement. Reportedly, his agent offered him a choice of kitchen appliances to endorse years ago, and Hulk passed on a grill, suggesting his agent offer it to another client… George Foreman. The boxer has made hundreds of millions of dollars off the George Foreman line of grills, but let’s say Hogan’s would have been less popular. We’ll peg this miscalculation at $100 million.
But all is not lost!
Hulk Hogan has a chance for another big payday. Not in the ring, but in court. He is suing Gawker Media for invasion of privacy for publishing an excerpt of the infamous sex tape. And he’s asking for… $100 million. He could make all the money back that he lost by his bad endorsement choices. On the other hand, he could wind up losing, and have to pay millions in court costs. Only time will tell. Sadly for the superstar, in court, unlike professional wrestling, the conclusion isn’t scripted in advance.