The latest news on the Hogan family is that the divorce between Hulk and Linda Hogan may all be a farce.

The Hogan’s are hoping to hold on to whatever assets they have in preparation for the upcoming civil suit to be filed by John Graziano’s family.

The attorney for an accident victim’s John Graziano’s family doubts reasons for the Hogan/Bollea split.

The pending divorce between Hulk Hogan, aka Terry and wife Linda Bollea could serve as a strategic asset protection move in a civil suit over the tragic and negligent accident that critically injured a young man riding with their son Nick.

The St. Petersburg Times reports this is the opinion of Kimberley Kohn, a Tampa attorney who represents Ed Graziano, the father of injured passenger John Graziano.

Kohn said Monday a divorce could be one step the Bolleas could take to try to protect assets by essentially halving them.

The St. Petersburg Times reports that “if the Supra and the Viper are not registered to both parents, it could be harder to go after Mrs. Bollea individually”, Kohn said. “The mother’s degree of control over who used the vehicles would have to be determined.”

The divorce is not expected to impede the filing of a civil suit by Graziano’s family. Kohn said she would proceed with a civil suit as if the couple were married.

The normal precedent is to wait six months after a crash to see if the injured person has reached maximum medical improvement, Kohn said. Then a life planner will determine the cost of the person’s future needs.

The agreement to have an independent guardian for John Graziano’s assets has assuaged Ed Graziano’s concerns about handling of a potential civil suit, Kohn said.

This is exactly what is WRONG with this family! Instead of a divorce maybe they should make little prick Nick get a f***king job and prepare to PAY!

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Linda and Terry Bollea (Hogan), circa 1991

Hulk Hogan’s soon to be ex-wife, Linda, is seeking half of their combined $9.5 million in assets, even though she probably never worked a day in her life.

In court papers Linda states the marriage is “irretrievably broken,” the St. Petersburg Times reports.

Linda wants to share parental custody of little asshole Nick. She wants Nick to stay with her and his father to be given liberal visitation rights.

Mrs. Hogan is also looking for alimony, child support, and health insurance - for the little asshole, of course. And half of everything else. The couple owns a massive 17,000-square-foot Bel Air mansion, a 3,474-square-foot home in Clearwater Beach, Fla., and a condo that’s currently being built in Las Vegas. The two homes alone are worth more than $9 million.

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Poor Hulk Hogan.

It just hasn’t been his year! Despite having a somewhat successful, although repetitive, reality show, the Hogan’s have been plagued by scandal in the second half of the year.

The latest is the divorce between Hulk Hogan (Terry Bollea) and his wife Linda Hogan (Bollea). I told you that Linda had filed for divorce last Tuesday, but what we didn’t know was that Hulk found out about it through a reporter who called to ask him about it. Ouch, man!

“Thank you for the great information,” Hulk, 54, told the St. Petersburg Times reporter before hanging up.

Hulk later called the reporter back and said, “My wife has been in California for about three weeks. … Holy smokes. Wow, you just knocked the bottom out of me.”

I actually feel bad for Hulk. He’s not such a bad guy, he’s just a complete pushover! His kids walk on him and so does his wife. His family just never seems happy with what they have.

I don’t think Hulk’s family respects him.

I mean, if Linda actually respected him she wouldn’t have disappeared to Cali for three weeks, having her husband of twenty-some years find out about the divorce through media!

It will be interesting to see where this goes. I have a feeling it might get ugly.

*Update: TMZ is now reporting that Linda Hogan doesn’t really want a divorce but feels she has no other choice. P.S. is that Linda or Brooke in the pic? Sometimes you just can’t tell!

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Hulk Hogan and his wife Linda

Linda Bollea, wife of Hulk Hogan, filed for divorce from the wrestler on Tuesday, November 20.

Reasons for the divorce are not stated in court documents, but my guess is they will be listed as “irreconcilable differences,” as they usually are.

Why is it I don’t think this ‘divorce’ will last? I could be wrong, but I think Linda is a spoiled bitch (just like both of her kids) and won’t be able to take care of herself. They’ve been married for over 23-years and I doubt Linda knows how to do little more than wipe her own ass.

I think this divorce has been coming on for awhile now, and Nick’s car accident in August just may have sped things up a bit. No pun intended. Heh.

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Source /Photo: Getty Images

Nick Hogan has been booked on criminal charges related to the August car accident that left his friend comatose.

Hogan turned himself in earlier today after a warrant for his arrest was issued. His parents posted the $10,000 bail (of course) and rescued him. None of the family talked with reporters outside the courtroom.

His lawyers stated, “We are confident the evidence will demonstrate that this was an accident.”

Charges include reckless driving involving serious bodily injury in connection (a third-degree felony, punishable by a maximum five years in prison); using a motor vehicle in commission of a felony; being under age 21 and operating a vehicle while having a breath-alcohol level of .02 percent or higher; and having illegal window tinting.

A blood test performed two hours after the accident showed Hogan’s alcohol level at 0.055. People magazine is reporting that Nick will be tried as an adult.

The Hogan family has released the following statement:

“Nick and the entire ‘Hogan’ Bollea family are saddened that criminal charges have been filed in regards to the tragic single car accident on August 26, 2007. Nick will meet and answer these charges in the appropriate arena – a court of law. The family’s primary focus and concern still remains for the continued recovery of Nick’s longtime friend John Graziano. The Bolleas will also continue to stand by the Graziano family and help them in any way they can.

“The tragedy to both families is compounded by the fact that unfortunately John was not wearing his seatbelt. Thankfully, Nick was wearing his. Because of what happened to John, the entire Bollea family will make it a priority to increase public awareness about the importance of always wearing your seatbelt.

“There has been much speculation as to the speed and wet road conditions surrounding this accident. Although all the evidence has not been evaluated, preliminary reports from the experts indicate that this was not, in fact, a high-speed accident.

“Because Nick is still a juvenile and has no prior criminal record, we are disappointed that he is being charged as an adult offender. However, we are confident that the evidence will demonstrate that this was an accident. We ask all who follow these events to keep an open mind as to the facts until they have been ultimately determined. Finally, we thank all who have prayed for John’s recovery and ask for your continued support and prayers.”

Hmm…sounds like they are feeding us some disinformation, trying to make Nick sound as if he wasn’t the one responsible for this. It’s sickening how they blame everything else except the face that their son was driving like a moron! There were wet roads, claiming it did NOT happen at high-speed, John didn’t wear a seatbelt, blah, blah, blah! Give me a break you clueless, arrogant motherf*ckers. Someone’s son is a vegetable because of your spoiled bitch of a son! Time to wake up, bitches!

And they have ‘experts’ saying it wasn’t a high speed accident? Did you see the car? I’m no ‘expert’ but from the looks of it that car wasn’t doing 30-40 mph. You know you can always find an ‘expert’ willing to testify on your behalf if good coin is involved. Besides, didn’t numerous witnesses say that he was speeding, if not street racing, against another vehicle?

Someone take away Hulk’s ‘Father of the Year’ award that he so proudly accepted earlier this year. Or better yet, stick it up his ass…where his head is.

Nick Hogan caught speeding just a couple weeks before the accident

It seems not long after the horrific accident that left his best friend in a vegetative state, Nick [Bollea] Hogan, 17, was online bragging about his big sponsor, Poloroid, and the future of his racing career. This sparked outrage amongst people who feel he may have been street racing and/or he got off easy since his list of traffic infractions [speeding] is long.

Poloroid has since dropped Hogan as we reported last week, but they are not the only ones. ConnieTalk.com says that many of his sponsors have given him the boot. But what about the ones who haven’t? What do they have to say?

And what about the results of his drug and alcohol test? His accident was months ago, where are they?

There are a lot of questions in this case and it seems a lot of people are being quiet about it. ConnieTalk.com did this fabulous piece and answers many of the questions.

Read about it after the jump!

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The police report regarding Nick Bollea’s August car accident (that left his best friend comatose) was released today.

From TampaBay.com:

The report provides few new details, although it does say the results of a drug and alcohol test are pending. The crash caused $500 in property damage to city shrubs and $50,000 to the totaled Supra, (left) which is owned by Terry Bollea, also known as Hulk Hogan.

According to the report, the roads were wet at the time of the accident and the driver “disregarded other traffic control.”

I’ll keep you posted on any updates.