“While this may be an embarrassing ordeal for you to go through right now, it doesn’t need to be … you are ‘bigger’ than Andre the Giant where it matters,” the letter states.
The offer comes after Hogan threatened legal action against Gawker.com for releasing a clip of the tape on their website.
TMZ.com reached out to Hogan on the matter, but has received no response.
The wrestler’s ex-wife, Linda Hogan, says she isn’t surprised by the matter.
I wasn’t really shocked about it,” Linda told RadarOnline.com. She also called the encounter “a little twisted.”