Terry Bollea or Hulk Hogan as he is more famously known married Linda Claridge in 1983.
The couple had two children, daughter Brooke and son Nick, together.
Hulk Hogan sent out a cryptic tweet before the bombshell report dropped and Gawker Media founder and CEO Nick Denton, who has said he is at risk of losing his company because of the lawsuit, was one of the thousands of people who retweeted or favorited the message.
"Eight years ago I used offensive language during a conversation.
The family played out their personal lives in the TV reality show Hogan Knows Best and made their troubled lives fodder for the tabloids.
In 2007, reports of an affair between Hulk and Christiane Plante who was Brooke’s friend came out and the resultant scandal was followed by Linda filing for divorce.
Christiane in her defense said that at the time of the affair, Hulk was already estranged from his wife.
It took Hulk and Linda almost four years more to work out the financial details of the divorce and left Linda richer by almost 70 per cent of their assets.