Athletes Who Lost A Fortune In Their Divorce

It’s no secret that Hulk Hogan hasn’t had the easiest of times when it comes to his personal life. Hogan married his first wife, Linda Marie Claridge, in 1983, and the couple had two children together. Alas, their wedded bliss wouldn’t last, and they ended up divorcing in 2009 after splitting in 2008 due to the famous wrestler’s alleged infidelity. While Hogan has had his fair share of financial successes, his high value wouldn’t last, due in part to the dissolution of his marriage to Claridge.

According to the Daily Mail, the divorce settlement heavily favored Hogan’s ex-wife, who took the wrestling superstar to the cleaners. Not only was she given 70% of their total liquid assets, she also got a portion of his properties, which totaled $3 million. Court papers indicated that Claridge would receive a 40% stake in all of Hogan’s earnings, which, at the time of the settlement, would amount to about $68,000 per month. Factor into that child support payments, and Hogan’s net worth would never recover from his first marriage. Hogan’s second marriage to Jennifer McDaniel also ended in divorce, although the terms seemed to be a bit more favorable to the wrestler. As revealed by TMZ, Hogan had to buy McDaniel’s car and paid her a one-time lump sum, although the full amount was never disclosed. The star has a respectable current net worth of $25 million, but that’s a far cry from his previous assets.

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