Friday, October 14, 2011
Hogan's Settlement With Graziano Family Revealed
Source: St. Petersburg Times
An article in the St. Petersburg Times reports that the lawsuit that Hulk Hogan? and his son Nick settled with the family of John Graziano? was in the $5 million range. Graziano was critically injured in the 2007 street racing accident that occurred while Nick was driving.
Graziano's mother Debra says she believes that about $1.5 million remains after their attorneys and hospital bills were paid. Her husband's lawyer said, "It's appallingly low. I was stunned. It's a tenth of the value I had anticipated." The article also states that Hogan said his net worth at the time was $32.4 million.
Debra said that John can't yet speak but can sit up by himself and is getting himself dressed. He is just starting to learn to walk again.