Hulk Hogan Settles Sex Tape Lawsuit With Bubba The Love Sponge

That was fast!

Hulk Hogan has settled a civil lawsuit he filed against against former friend and Florida shock jock Bubba the Love Sponge (real name Todd Clem) for being involved in the release of a sex tape starring the wrestler and Clem's ex-wife.

Although the terms of the settlement are being kept confidential, it appears both parties are pleased with the outcome. Clem issued a public apology to Hogan on his radio show after the settlement.

"I am now convinced that Hulk Hogan was unaware of the presence of the recording device in my bedroom. I am convinced [Hulk Hogan] had no knowledge that he was being taped... It is my belief that Hulk is not involvef, and has never been involved, in trying to release the video, or exploit it, or otherwise gain from the video's release in any way," he said in the statement.

Hogan's personal attorney David Houston said, "Mr. Bollea is pleased that Mr. Clem finally stated the truth and apologized for his false statements."

Hogan's $100 million civil lawsuit against Gawker Media for releasing clips of the sex tape is still pending. Hogan's court date to request an injunction has been set for Nov. 8.