TMZ has reported that they've seen an excerpt of a Hulk Hogan sex tape that is currently being shopping around for a major distribution deal.

We've seen a portion of the grainy footage -- featuring Hulk getting undressed and a naked, unidentified brunette lying on a bed. The woman is NOT his ex-wife Linda or his current wife Jennifer McDaniel.

The clip they've seen shows Hulk Hogan without his shirt and talking about working out again... "in a thong shaped tan line"

Steve Hirsch of Vivid Entertainment says he was approached with the tape very recently. No word on if any deal has been struck or not.