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Hulk Hogan settles lawsuit against Bubba The Love Sponge

From WENN.com

Earlier this month (Oct12), the star launched a $100 million (£62.5 million) lawsuit over his leaked sex tape, which featured him and Heather Clem, the ex-wife of the wrestler and radio personality, and appeared on website Gawker.com.

He took legal action against bosses at Gawker, as well as Clem and her former husband - but he's now settled the case with his ex-friend.

In a statement, obtained by TMZ.com, the radio personality - real name Todd Clem - writes, ""It is my belief that Hulk is not involved, and has not ever been involved, in trying to release the video, or exploit it, or otherwise gain from the video's release in any way.

""(I am) committed to helping Hulk and his attorneys find whoever is responsible for the release of the tape.""

Hogan is still pursuing legal action against Heather Clem and website bosses.