Hulk Hogan settles lawsuit against Bubba “The Love Sponge”

The Tampa Bay Times is reporting that the lawsuit filed by Hulk Hogan against Bubba “The Love Sponge” over the sex tape release has been settled.

Details on the settlement remain unknown however the popular DJ issued a statement to the media with a public apology and retraction to his comments from a few weeks ago.

“After further investigation, I am now convinced that Hulk Hogan was unaware of the presence of the recording device in my bedroom. I am convinced he had no knowledge that he was being taped. Additionally, I am certain that he had no role in the release of the video,” Bubba said.

During an appearance on the Howard Stern show, Bubba claimed that Hogan knew he was being filmed and blamed him for the release of the tape.

“It is my belief that Terry is not involved, and has not ever been involved, in trying to release the video, or exploit it, or otherwise gain from the video’s release in any way.”

Bubba continued saying that the things he said about Hulk and his kids were not true and he was deeply sorry for his reaction and additional pain that he caused to his family.

“I am committed to helping Hulk and his attorneys find whoever is responsible for the release of the tape and holding them accountable to the fullest extent of the law,” the statement says.

Hogan’s lawsuit against Gawker Media is still proceeding as planned.