Hulk Hogan Backstepping Out Of Condo Deal With Ex-Wife

I know, another Hogan family post.  News is slow today, and the Hogan family is weird, so here you go! 

As we mentioned a few weeks ago, Linda Bollea Hogan is trying to have her ex-husband Hulk Hogan tossed in jail after not paying his part of their $4.2 million Las Vegas condo they hoped to buy.

In papers just filed in Florida, the Hulkster is asking a court to let him out of his obligation to close on the condo, which the couple bought in July of 2005 before their divorce battle began.

He says that when the deal was made “the parties were living together and [Hulk's] career was in tact. Furthermore, the economy was stable.”

That’s right, blame it on the economy!

The document also shows that the value of the property was currently appraised by Hulk’s appraiser at $1,000,000 less than what was originally appraised by Linda’s appraiser.

In other words, not a good investment.

The Hulkster is ready to walk away from the condo and lose his $840,000 down payment.

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