Angry News: Hulk Hogan, Bubba the Love Sponge friends again: Lawsuit dropped

Hulk Hogan and Bubba the Love Sponge are friends again, now that Hulk's lawsuit against Bubba over the sex tape scandal has been dropped.

The New York Daily News, TMZ.com and a number of other media outlets report that as of October 29, Hogan and Bubba have settled their legal differences out of court, however, the terms of the settlement are confidential.

PHOTOS: The Hulk Hogan Sex Tape Scandal in Pictures

Earlier this month, Hulk Hogan filed a lawsuit against

Hulk Hogan has filed lawsuits against all parties involved in the sex tape scandal – his long time friend, Bubba, the Love Sponge and Bubba's ex-wife Heather Clem for taping him in sex acts with Heather without his knowledge and consent. See Hulk Hogan Sex Tape Scandal News: Everything You Probably Didn't Want to Know.

A separate $100 million lawsuit was filed against the New York-based website, Gawker for publishing portions of the leaked sex tape on its website. See Latest News on Hulk Hogan Sex Tape Scandal: New Sex Tapes, Lawsuit, Feud, FBI ,

While the lawsuit against Bubba has been dropped, the state court lawsuit against Bubba's ex-wife Heather Clem, and the lawsuit in federal court against Gawker still remain in place.

In the lawsuit against Gawker, Hogan is also seeking to obtain possession of all copies of the leaked sex tape so they can be destroyed.

PHOTOS: Hulk Hogan Strikes Back in the Sex Tape Scandal

The Friendship between Hulk Hogan and Bubba

Prior to their fallout over the leaked sex tape, Hulk Hogan and Bubba the Love Sponge (Todd Clem) had been best friends for many years.

Their friendship began when Bubba, who was a Florida-based radio DJ at the time, covered the early days of Hogan's wrestling career on radio, and conducted many exclusive backstage interviews with him at his matches. See Hulk Hogan Sex Tape Scandal News: Everything You Probably Didn't Want to Know.

According to E Online, Hulk Hogan not only served as best man at Bubba's and Heather's wedding in 2007, but he is also godfather to Bubba's son. (Bubba and Heather Clem divorced last year.)

Speaking of the friendship between the two men, Bubba's attorney said from the outset:

They're best friends for a lifetime.

"The reality is that these guys shouldn't be fighting each other. They should be fighting the person who stole it (the sex tape), released it and those who broadcast it."

PHOTOS: The Hulk Hogan Sex Tape Scandal in Pictures

Bubba Issues a Formal Apology to Hulk

While Bubba admitted giving Hulk permission to have sex with his wife, he denied leaking the X-rated tape of Heather and Hulk.

When Bubba learned that he was being sued by Hulk Hogan, the Tampa shock-jock launched into an on-air rant and said a lot of nasty things about his long-time friend Hulk and his family, in addition to all but accusing Hulk of leaking the sex tape himself.

Yesterday Bubba issued a formal statement to Hulk Hogan, whose real name is Terry Bollea, apologizing and recanting all the mean-spirited things he said.

Bubba's statement appears below:

"After further investigation, I am now convinced that Hulk Hogan was unaware of the presence of the recording device in my bedroom. I am convinced that he had no knowledge that he was being taped. Additionally, I am certain that he had no role in the release of the video. It is my belief that Terry is not involved, and has not ever been involved, in trying to release the video, or exploit it, or otherwise gain from the video's release in any way. Regrettably, when Hulk filed the lawsuit against me, I instinctively went on the offensive. The things that I said about him and his children were not true. I was wrong and I am deeply sorry for my reaction, and for the additional pain it cause Hulk and his children on top of the pain that they were already feeling from having learned that Terry was taped without his knowledge, and the public release of the video.

I am committed to helping Hulk and his attorneys find whoever is responsible for the release of the tape and holding them accountable to the fullest extent of the law.

Now that Hulk has dropped his lawsuit against Bubba, and Bubba has apologized to Hulk, the two men appear to be friends again.

For other articles and slideshows about celebrities in the news, visit www.CelebrityInfidelity.com, www.SexAndRelationshipsNewsAndViews.com, www.MarriageNewsAndViews.com or see the list below.

_____________________________________________

Ruth Houston is a New York-based infidelity expert who is frequently called on by the media to comment on high profile infidelity and popular infidelity issues in the news. She is the founder of www.InfidelityAdvice.com, the author of Is He Cheating on You? - 829 Telltale Signs, and publishes the Infidelity News and Views blog. Ruth also writes the Celebrity Infidelity column (www.CelebrityInfidelity.com) and the National Infidelity column (www.NationalInfidelity.com) for Examiner.com. To interview infidelity expert Ruth Houston, or have her speak at your next event, call 718 592-6029 or e-mail InfidelityExpert@gmail.com