<sod>On March 18, 2016, a six-person jury{{snd}} four women and two men{{snd}} in St. Petersburg delivered a verdict in favor of the 62-year-old Hogan.  The jury awarded him $115 million, which included $55 million in compensatory damages and $60 million for emotional distress.<ref>{{cite web|url=https://www.washingtonpost.com/lifestyle/style/jury-awards-hulk-hogan-115-million-in-lawsuit-against-gawker-media-over-sex-tape/2016/03/18/219eaa90-ed53-11e5-b0fd-073d5930a7b7_story.html|title=Jury awards Hulk Hogan $115 million in lawsuit against Gawker Media over sex tape|author=Paul Farhi|date=18 March 2016|work=Washington Post}}</ref> The jury awarded Hogan an additional $25 million in punitive damages on March 21.<ref name="punitive" /> Gawker CEO [[Nick Denton]] said the company would appeal the verdict.<ref name="capitalnewyork.com" /> However, due to Florida law, Gawker faces one serious hurdle in regards to their appeal.  Under current Florida law, any appellant (person filing an appeal) in a civil judgment, must [[Supersedeas bond|bond]] or pay one-half of that judgement, with the maximum bond being fifty million dollars, to the court before the appeals process can begin.<ref>{{cite web|url=http://www.capitalnewyork.com/article/media/2016/03/8594339/jury-awards-hulk-hogan-115-million-gawker-looks-appeal|title=Jury awards Hulk Hogan $115 million as Gawker looks to appeal|publisher=}}</ref> The problem facing Gawker is that this is more than their current annual income, and may make the appeal process difficult, if not impossible to undertake.<ref>{{cite web|url=http://heavy.com/news/2016/03/gawker-net-worth-can-it-afford-hulk-hogan-verdict-appeal-how-pay-lawsuit-revenue-columbus-nova/|title=What Is Gawker’s Net Worth?|author=Stephanie Dube Dwilson|work=Heavy.com}}</ref><eod>
<sod>On March 18, 2016, a six-person jury{{snd}} four women and two men{{snd}} in St. Petersburg delivered a verdict in favor of the 62-year-old Hogan.  The jury awarded him $115 million, which included $55 million in compensatory damages and $60 million for emotional distress.<ref>{{cite web|url=https://www.washingtonpost.com/lifestyle/style/jury-awards-hulk-hogan-115-million-in-lawsuit-against-gawker-media-over-sex-tape/2016/03/18/219eaa90-ed53-11e5-b0fd-073d5930a7b7_story.html|title=Jury awards Hulk Hogan $115 million in lawsuit against Gawker Media over sex tape|author=Paul Farhi|date=18 March 2016|work=Washington Post}}</ref> The jury awarded Hogan an additional $25 million in punitive damages on March 21.<ref name="punitive" /> Gawker CEO [[Nick Denton]] said the company would appeal the verdict.<ref name="capitalnewyork.com" /><eod>