Hulk Hogan: "I Blew Hundreds of Millions of Dollars"

| by Michael Allen

Former wrestling star Hulk Hogan told 'Good Morning America' that he blew "hundreds of millions" during his glory years and today is living in a rented home while slashing the price of his Florida mansion by $16 million to sell it.

Hogan lamented his lavish spending: "There are houses being bought, and cars being bought, and vacations for family members. There was eight, nine, $10 million, $11 million going out, so it got way off."

The ex WWE wrestling champion also addressed the wife-beating allegations leveled at him by his ex-wife Linda in her autobiography: "When we were going through the divorce, and she was with her 18-year-old boyfriend, if I even was in the same town with her … she would file charges that I looked at her the wrong way at a red light, and wanted to have me put in jail."

"So if I beat her up for 23 years, why didn't we talk about this at the divorce? And why, all of a sudden, is it coming out now, when her book's come out?"

The couple, along with their two children, Nick and Brooke filmed their reality show 'Hogan Knows Best' in the home that he is currently trying to sell.

Meanwhile, Hogan is currently getting slammed by mini wrestler Steve Richardson a.k.a. 'Puppet the Psycho Dwarf' for allegedly ripping off his midget wrestling TV idea.

Richardson, who is behind the little-person wrestling program 'Half-Pint Brawlers' says that he's considering suing Hogan for copying his venture with 'Hulk Hogan's Micro Championship Wrestling.'

"I have no ill feelings toward Hogan, but loads of his wrestlers are the guys I fired," Richardson said. "They're using all the ideas everything I came up with. There's no individuality. They're following the same concepts. It's a violation of intellectual property rights."

A spokesperson for Hogan declined to comment.