The following is from TMZ.com:

Hulk Hogan just announced ... he's suing for more than $100 MILLION over his leaked sex tape.

Hulk's attorney spoke at a news conference in Tampa moments ago, announcing two lawsuits filed today by the wrestler -- one against Bubba the Love Sponge and his ex-wife for illicitly recording Hulk without his permission, and another against Gawker for publishing the tape.

Hulk's attorney says the wrestler is seeking $100 MILLION in damages from Gawker stemming from the leaked footage. It's unclear what he's seeking from Bubba and Bubba's ex Heather Clem.

Hulk's attorney says Bubba and co.'s actions were "illegal, outrageous, and exceeded the bounds of human decency."

In addition to forking over damages, Hulk's team wants Bubba, Gawker, and anyone else in possession of the sex footage to turn it over asap in order for it to be destroyed forever.

Hulk's other attorney David R. Houston also reiterated -- they will continue to go after anyone who republishes the footage with a vengeance.

Here is a video from the press conference: