Hulk Hogan's civil lawsuit against Florida radio personality Bubba the Love Sponge has been settled, a Hogan spokesman said.
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Terms of the settlement were not announced but Clem read an apology to Hogan on his radio show Monday, stating he is convinced Hogan was unaware he was being videotaped, and it is Clem's belief Hogan was not involved in profiting from the tape's release to the public.
David R. Houston, Hogan's attorney, said Bollea "is pleased that Mr. Clem finally stated the truth and apologized for his false statements."
Hogan's lawsuit against Gawker Media, which posted excerpts of the videotape on its website, is still pending, E! Online said.
