The former 12 time WWF/E and WCW World Heavyweight Champion sued the gossip site after they posted a video of him having sexual intercourse with his former best friend’s wife in 2012 without his consent.
The 62-year-old, born Terry Bollea, was given $60m for emotional distress and $55m for economic damages.
Bollea’s legal team argued that their client had his privacy invaded by Gawker and that the site did not warm him or the woman in the footage that the tape would be published.
Michael Sullivan, who represented Gawker in court, claimed the site had uploaded the video as it fell into the freedom of the press category.
Sullivan also stated that Bollea had “consistently chosen to put his private life out there, for public consumption”.
He added that the site intend to appeal the judge’s decision.
After the verdict was delivered in court, Bollea’s attorney, David Houston said: “This is a victory for everyone who has had their privacy violated.”
Bollea, who said in court that he suffered from “humiliation” after the video went viral, posted the following on Twitter after the trial had concluded:
As well as being a wrestling legend, Bollea has featured in several films and starred in his own reality television show titled ‘Hogan Knows Best’.
Last July, Bollea had his WWE Legends contract terminated after he was recorded using racist language.