Back to the Top News Newsfeed

Hulk Hogan's revenge: Gawker sold to Univision for $135 million

Hulk Hogan's revenge on Gawker Media continues, with the bankrupt company agreeing to be sold to Univision for $135 million.

The deal, announced Tuesday night, will end 14 years of independence for Gawker, which operates the sports blog Deadspin, Gizmodo and other sites.

The mostly Spanish-language Univision outbid tech-publisher Ziff-Davis. They were the only two bidders, according to published reports.

MORE: Sports figures celebrating Deadspin's possible demise

Gawker has been on life support since a Florida judge awarded a $140 million judgment to Hogan, the ex-pro wrestling champ, after Gawker posted a video of him having sex with the wife of a friend without Hogan's knowledge or permission.