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Hulk Hogan slashes the price of his Florida mansion by a whopping $16 million...
He is said to be worth a staggering $32 million.
But former pro wrestler Hulk Hogan is so keen to add to his millions that he is slashing the price of his Florida mansion by $16m in a bid to sell it as fast as possible.
The 58-year-old muscle man just reduced the price of the huge home to just $8.85m - the fourth reduction in price since the home was originally listed back in 2006 at $25m.
And it seems he's not above using his celebrity status to help unload the 17,000sq ft Mediterranean-style mansion, which has five bedrooms and 8 bathrooms, and sits on the scenic Gulf of Mexico, in Clearwater.
The description on Realtor.com reads: 'Located on an exclusive tree lined street in the residential Town of Belleair, this exquisite residence is owned by television personality Hulk Hogan.'
The two story home, which was built in 1996, features a gym and spa, five-car garage and a pool with a two-tier waterfall.
The Tudor style property also boasts vaulted beamed ceilings and dark hardwood or tiled floor throughout as well as expansive living areas and lush gardens.
Hulk, whose real name is Terry Bollea, originally lived in the home with his ex-wife Linda, who filed for divorce from the star in November 2007.
The couple, along with their two children, Nick, 21, and Brooke, 23, filmed their reality show 'Hogan Knows Best' in the home.
Meanwhile, Hogan is currently getting slammed by mini wrestler Steve Richardson - aka 'Puppet the Psycho Dwarf' for allegedly ripping off his TV idea.
Steve, who is behind the little-person wrestling programme 'Half-Pint Brawlers' says that he's considering suing the Hulk for copying his venture.
Hulk's latest TV idea is also a dwarf-fighting show - Hulk Hogan's Micro Championship Wrestling (MCW) and Steve says it's just not fair.
"I have no ill feelings toward Hogan, but loads of his wrestlers are the guys I fired," The 42-year-old 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," fumed the 4'4" strongman.
MCW owner Johnny Greene says Steve is flipping out over nothing: "We had this idea first, but they rushed to the network to get their show on the air first, figuring whoever got on the air first would capture the audience," he said.
"But their show sucked. They were doing midgets and 'Jackass,' and ours is a real wrestling show." Holding no punches Greene added: "Puppet's just trying to jump on the bandwagon because their business is dying."
Half Pint Brawlers, Inc was started 15 years ago but they have been having trouble holding down a TV series.
A spokesperson for Hogan declined to comment.
How Hulk Hogan blew his millions: Cars, houses, holidays...
Hulk Hogan blew "hundreds of millions" of dollars on palatial homes and fast cars.
The wrestling legend - real name Terry Bollea - admitted he wasted the vast sums of money he earned during his years in the WWE and WCW and is living in a rented home after slashing US$16 million (NZ$21m) off the price of his Florida mansion in order to get a quick sale.
The WWE Hall of Fame inductee told Good Morning America: "There were 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."
Despite his financial troubles, Hulk seemingly announced his retirement from professional wrestling on TNA TV show Impact Wrestling, claiming he wanted to break the news to his fans first because they always stuck by him through the major difficulties in his life, including a divorce from wife Linda in 2007.
However, speculation is rife his retirement is a 'work' - part of a wrestling storyline - and he will step inside the squared circle again against Sting at upcoming pay-per-view Bound For Glory.
Meanwhile, Hulk has run into trouble after attempting to boost his finances with his latest venture, a reality TV show on US network TruTV featuring miniature wrestlers, after midget competitor Steve Richardson - aka 'Puppet the Psycho Dwarf' - accused him of stealing his idea.
He said: "I have no ill feelings toward Hogan, but loads of his wrestlers are the guys I fired. 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."
MCW wrestling owner Johnny Greene said: "We had this idea first, but they rushed to Spike TV to get their show on the air first, figuring whoever got on the air first would capture the audience.
"But their show sucked. They were doing midgets and Jackass, and ours is a real wrestling show. Puppet's just trying to jump on the bandwagon because their business is dying."
Comic Book Movies, Games Et Al...
Be it movies, comics or games, we think that Marvel Entertainment leads the pack, followed by DC Comics, with Dark Horse Comics getting a third, based on the positive news leaks and insider tip offs we've been getting.
As Marvel living legend Stan Lee would say, Excelsior!
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