Bodog Beat

The attorney for accident victim John Graziano is accusing Hulk and Linda of divorcing so they can protect assets. (Courtesy Wikimedia)

Nicholas Bollea (aka Nick Hogan) faces a felony charge of reckless driving with serious bodily injury resulting from an Aug. 26, 2007 wreck which seriously injured John Graziano – who has severe brain injuries and will probably require specialized care indefinitely. In 911 calls released Monday, witnesses told dispatchers the cars involved were drag racing. Both of John Graziano's estranged parents have said they intend to file a lawsuit as a result of the crash.

Now, Terry (Hulk Hogan) and Linda Bollea are getting a divorce after 24 years of marriage and the attorney for the Grazianos smells a rat. The divorce petition filed by Linda seeks a split of the couple's assets, including properties with combined assessed values topping $7.9 million.

Kimberley Kohn, who represents Ed Graziano, the father of injured passenger John Graziano, says a divorce could be a move the Bolleas are taking to try to protect assets.

"That's because it could cut Terry Bollea's assets in half," Kohn said. "If the two cars involved are not registered to both parents, it could be harder to go after Mrs. Bollea individually.

"Generally, the rule of thumb is to wait six months after a crash to see if the injured person has reached maximum medical improvement," Kohn said. "Then a life planner will determine the cost of the person's future needs."