There’s a $10 million battle brewing over Hulk Hogan’s beer!
Hogan’s estate filed an objection to a huge, eight-figure claim from a company called Carma HoldCo Inc., after they claimed the legendary wrestler screwed them over in a massive beer deal.
Carma HoldCo — a celebrity branding company — says Hulk’s “Real American Beer” was actually their idea … but they were ultimately cut out of the lucrative deal by a couple of former employees who went directly to Hogan.
The company filed the claim on January 20 … accusing the estate of breach of contract.
But Hulk’s estate isn’t going down without a fight.
Alan S. Gassman, the attorney representing the estate, formally objected to the claim … according to court records filed on Friday.
This fight’s been simmering for months — back in July, Carma filed a federal lawsuit against RAB, claiming its former president poached Hogan and used allegedly stolen materials to pitch a competing deal.
Carma says it had been developing a “Real American” beer line with Hogan as brand ambassador … before insiders allegedly cut them loose and took the concept elsewhere.
The defense didn’t hold back.
In October, they blasted the case as “meritless,” arguing Carma never had a binding deal with Hogan, never developed a beer and had zero beer-related trade secrets. They demanded the lawsuit be tossed, Carma amended its complaint — and the case is still alive.
Meanwhile, Hogan’s estate is no small pot. The wrestling icon — who died July 24 — left behind more than $11 million in real estate, plus cryptocurrency, personal property and intellectual property worth more.
One thing’s clear … a fight’s a brewin’.