“There had been rumors that a wealthy individual had funded Hogan’s case though there was never any hard evidence that surfaced to prove that was true.” Well, we now know that the person footing the bill for Hulk Hogan’s lawsuit against Gawker is Pay Pal founder and well-known tech investor Peter Thiel. In World Wrestling terms, Peter Thiel just broke a folding chair over Gawker’s back.

+ It’s a sordid tale, and it goes back many years. Digg has a round-up of what’s going on. (I didn’t even know Hulk Hogan accepted Pay Pal.)