Hulk Hogan's legal team told TMZ.com that Hogan is suing the Laser Spine Institute for $50 million because his back problems prevented him from facing John Cena at WrestleMania 25. The report notes the following:
Hulk doesn't explain why he's suing for $50 million in the lawsuit — but Hulk's legal team (headed by Wil Florin) tells TMZ, the reason for the massive sum is a lucrative "phase out contract" that was torpedoed by the bad surgeries.
According to Hulk's team, the contract outlined a blowout match between Hulk and Cena — a match that was supposed to be Hulk's career ender — but thanks to the surgeries, it never happened.