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Nick Hogan Named Sole Beneficiary in Hulk Hogan’s $5 Million Estate; Update on Lawsuit Against Bubba The Love Sponge

Nick Hogan Named Sole Beneficiary in Hulk Hogan’s $5 Million Estate; Update on Lawsuit Against Bubba The Love Sponge

In a significant development regarding the late WWE Hall of Famer Hulk Hogan’s estate, recent court documents reveal that his son, Nick Hogan, has been named the sole beneficiary of an estate valued at nearly $5 million. The documentation, obtained by US Weekly and reported widely across wrestling news outlets, sheds important light on the distribution of Hogan’s assets and ongoing legal matters following his passing in July 2025[1][2][3].

Hulk Hogan’s Estate Breakdown and Will Amendments

Terry Bollea, better known as Hulk Hogan, passed away on July 24, 2025, at the age of 71 due to complications from a heart attack following a botched neck surgery. Court filings show he left behind an estate comprising approximately $200,000 in cryptocurrency, $799,000 in personal and intellectual property, including rights to his extensive wrestling persona and branding, valued at around $4 million, and an undetermined amount tied to a medical malpractice lawsuit stemming from his controversial surgery[1][4].

The will, originally drafted in 2016, was amended four times — in 2017, 2021, 2022, and most recently in July 2023. The latest revisions notably removed Hulk’s daughter, Brooke Hogan, as a beneficiary. Brooke had requested to be excluded from the will months prior to her father’s death to avoid family disputes and financial battles with Hogan’s last wife, Sky Daily, and her own mother, Linda Hogan. Nick Hogan, on the other hand, remains the sole named beneficiary and has petitioned to be co-personal representative of the estate alongside attorney Terry McCoy, who has also been proposed as the estate’s curator[1][2][4].

The estate documents do not list real estate holdings, which are reportedly valued around $11 million and are believed to be owned through a trust, thus separate from the probate estate[2].

Brooke Hogan’s Voluntary Exit from the Will

Brooke Hogan’s exclusion from the will was a deliberate and public decision. Sources close to the Hogan family revealed to TMZ and Extra TV that Brooke requested removal following concerns over potential financial exploitation of her father’s assets and ongoing disagreements with family members. She aimed to prevent any posthumous legal feud, especially with Sky Daily, whom Hogan married in 2023. Brooke reportedly plans to use funds from a separate life insurance trust her father set up to support an education fund for her children[3][4].

Status of Sky Daily in Hulk Hogan’s Estate

Hogan’s widow, Sky Daily, is listed as the “surviving spouse” in the estate documents but is not designated as a beneficiary. This designation typically grants spousal rights related to property and tax benefits but does not necessarily entail a share of the estate’s assets under the will’s terms[1][4]. According to insiders, the legal and financial specifics of what Sky Daily might inherit remain unclear, especially with the pending medical malpractice lawsuit involving Hogan’s surgery.

Ongoing Medical Malpractice Lawsuit and Its Impact

One of the estate’s potentially sizable future assets is linked to a medical malpractice claim concerning Hogan’s surgery, which reportedly compromised his phrenic nerve and led to a rapid decline in health. Sky Daily is reportedly pursuing the lawsuit against the doctors involved, involving both the estate’s defense and possible financial settlement. The amount tied to this claim remains unspecified in court documents[1][4].

Legal Battle Against Bubba The Love Sponge Continues

In addition to estate matters, Nick Hogan has initiated legal action against radio personality Bubba The Love Sponge to prevent the release of the controversial documentary ‘Video Killed The Radio Star,’ which allegedly contains private material related to Hulk Hogan. Legal sources indicate the lawsuit aims to protect Hogan’s legacy and manage the public narrative around his personal life in the wake of his death[4].

Insider Perspectives and WWE Community Reaction

According to a WWE insider familiar with the Hogan family’s situation shared with Fightful and Wrestling Headlines, the decision to grant Nick sole beneficiary status was “carefully planned to secure Hulk’s legacy through the family’s lineage without complicated legal battles.” The insider added that Brooke’s exclusion was “mutually agreed upon to maintain peace and respect Hulk’s final wishes.”

The wrestling world continues to mourn Hulk Hogan’s passing, with tributes pouring in across WWE.com and top wrestling podcasts. The legacy of Hogan’s influence on sports entertainment remains unparalleled, and the management of his estate will likely play a pivotal role in protecting that legacy.


Key Takeaways:

AspectDetails
Estate Value~$5 million (excludes $11 million real estate in trust)
Sole BeneficiaryNick Hogan
Will AmendmentsOriginal 2016; amended 4 times, latest in July 2023
Brooke Hogan’s StatusRemoved from will per her request
Sky Daily’s StatusSurviving spouse, not named beneficiary
Major Assets$200K cryptocurrency; $799K personal/intellectual property; $4M right to publicity; medical malpractice claim (undisclosed)
Legal ActionsMalpractice lawsuit pending; lawsuit against Bubba The Love Sponge to stop documentary release

This latest update on Hulk Hogan’s estate highlights the complexities involved in managing the legacy of one of wrestling’s most iconic figures. Fans and analysts will be watching closely as the Hogan family navigates these legal and financial challenges, ensuring that Hulk’s memory remains protected within the WWE universe and beyond.

Sources: US Weekly, Wrestling Headlines, TMZ, Extra TV, Fightful reports, and WWE.com coverage[1][2][3][4].