Hulk Hogan planning to sue Ultimate Warrior over video

Reported by Earnest I Aguilar

TMZ.COM is reporting that Hulk Hogan is planning to file a lawsuit against the Ultimate Warrior for his remarks in the seven minute preview he put out where he ripped Hogan pretty bad. 

The seven minute video is just a small part of a longer, 57 minute recording that the Warrior is planning to release on June 17. He had warned Hogan that karma was coming to collect. 

Hogan told TMZ that the allegation of drug use noted by the Warrior in the video is just a "blatant lie" and also defend himself when Warrior said that Hogan encouraged his then-wife Linda to have sex with wrestlers.

"None of that ever happened. This guy is out of his mind," Hogan said.