EXCLUSIVE: Hulk Hogan breaks down crying, says sex tape verdict 'wasn't strong enough'

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'The View': Hulk Hogan Says Gawker Is 'The Ultimate Bully' in Exclusive Sit-Down on 'The View'

It's been an emotional week for Hulk Hogan, to say the least.

ET sat down with 62-year-old Hogan, whose real name is Terry Bollea, on Wednesday, when he talked about the stunning $115 million in damages he was awarded from Gawker Media last Friday, after filing a suit three years ago against the site for publishing a portion of a sex tape featuring the pro wrestler. On Monday, a Florida jury awarded him an additional $25 million in punitive damages.

But according to Hogan, the verdict isn't enough.

"I thought it was, but now I'm starting to think that if Gawker is going to continue with this type of behavior, the verdict wasn't strong enough, because they're continuing on," Hogan exclusively tells ET's Jennifer Peros. "They even told the judge, 'We get it, please, no, stop, we understand,' but, that was a lie because they're still out there doing it as of today."

NEWS: Hulk Hogan Celebrates Gawker Court Case Win With a Wrestling Meme of Himself

"It's just smoke and mirrors with them," he continues. "For us, it's never been what [Gawker Media founder] Nick Denton claims this trial is about. It's not about the First Amendment, it's about privacy."

Despite their tense court battle, Hogan says he is "praying" for Gawker Media.

See photos from the Hulk Hogan sex tape trial:

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EXCLUSIVE: Hulk Hogan breaks down crying, says sex tape verdict 'wasn't strong enough'
Hulk Hogan sits in court before the start of his trial Thursday, March 17, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker Media for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (Dirk Shadd/The Tampa Bay Times via AP, Pool)
Former professional wrestler Hulk Hogan, left, along with attorney Seema Ghatnekar prepare to take a break just after the jury was handed Hogan's case against Gawker Media for deliberations on Friday, March 18, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, is suing Gawker for $100 million for posting a video of him having sex with his former best friend's wife. Hogan contends the 2012 post violated his privacy. (Boyzell Hosey/The Tampa Bay Times via AP, Pool)
Gawker attorney Michael Sullivan addresses the jury during his closing statements in the trial of former professional wrester Hulk Hogan's lawsuit against Gawker media, in St. Petersburg, Fla. on Friday, March 18, 2016. Hogan, whose given name is Terry Bollea, is suing Gawker for $100 million for posting a video of him having sex with his former best friend's wife. Hogan contends the 2012 post violated his privacy. (Boyzell Hosey/The Tampa Bay Times via AP, Pool)
Hulk Hogan talks with his attorneys before the start of his trial Thursday, March 17, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker Media for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (Dirk Shadd/The Tampa Bay Times via AP, Pool)
Judge Pamela A. M. Campbell raises her hand to swear in the jury during the Hulk Hogan's trial Thursday, March 17, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker Media for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (Dirk Shadd/The Tampa Bay Times via AP, Pool)
Hulk Hogan talks with his attorneys before his trial Thursday, March 17, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker Media for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (Dirk Shadd/The Tampa Bay Times via AP, Pool) MANDATORY CREDIT
Hulk Hogan, whose given name is Terry Bollea, testifies in court on Tuesday, March 8, 2016, during his trial against Gawker Media, in St Petersburg, Fla. Hogan and his attorneys are suing Gawker for $100 million, saying that his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape filmed of Hogan and his then-best friendâs wife. (John Pendygraft/Tampa Bay Times via AP, Pool) MANDATORY NY POST OUT
Former Gawker employee A.J. Daulerio, right, testifies at the Pinellas County Courthouse in St. Petersburg, Fla., Monday, March 14, 2016. Hulk Hogan is suing Gawker Media for $100 million for posting an edited video showing him having sex with his then-best friend's wife. Lawyers for Gawker Media began presenting their case on Monday. (Stephen Yang/New York Post via AP, Pool)
Gawker Media founder Nick Denton, left, and reporter A.J. Daulerio, right, sit inside a Pinellas County courtroom, Monday, March 14, 2016, in St Petersburg, Fla. Hulk Hogan, whose real name is Terry Bollea, is suing Gawker Media for the publication of a sex tape involving the former wrestler. Lawyers for Gawker Media began presenting their client's case on Monday. (Stephen Yang/New York Post via AP, Pool)
University of Florida journalism professor Mike Foley testifies during Hulk Hogan's trial against Gawker Media Wednesday, March 9, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NY POST OUT
Hulk Hogan, whose given name is Terry Bollea, waits in the courtroom during a break Wednesday, March 9. 2016, in his trial against Gawker Media in St. Petersburg, Fla. Hogan and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NY POST OUT
Gawker Media reporter A.J. Daulerio attends Hulk Hogan's trial against Gawker Wednesday, March 9, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NY POST OUT
Gawker Media founder Nick Denton attends Hulk Hogan's trial against Gawker Wednesday, March 9, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NY POST OUT
Hulk Hogan, whose given name is Terry Bollea, leaves the courtroom during a break Wednesday, March 9. 2016, in his trial against Gawker Media in St. Petersburg, Fla. Hogan and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NEW YORK POST OUT
Pinellas County Judge Pamella Campbell, second right, meets with attorneys at the bench Wednesday, March 9. 2016, during Hulk Hogan's lawsuit trial against Gawker Media in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NEW YORK POST OUT
Gawker Media's Nick Denton, left, and A.J. Daulerio, right, listens to testimony during Hulk Hogan's lawsuit trial against Gawker Wednesday, March 9, 2016, in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NEW YORK POST OUT
Hulk Hogan, whose given name is Terry Bollea, takes a moment as attorneys talk to the judge in court on Tuesday, March 8, 2016, during his trial against Gawker Media, in St Petersburg, Fl. Hogan and his attorneys are suing Gawker for $100 million, saying that his privacy was violated, and he suffered emotional distress after Gawker posted one minute and forty one seconds of a sex tape filmed of Hogan and his then-best friendâs wife. (John Pendygraft/Tampa Bay Times via AP, Pool) MANDATORY NY POST OUT
David Houston, an attorney for Hulk Hogan, testifies Wednesday, March 9, 2016, in Hogan's trial against Gawker Media in St. Petersburg, Fla. Hogan, whose given name is Terry Bollea, and his attorneys are suing Gawker for $100 million, saying his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape of Hogan and his then-best friend's wife. (AP Photo/Steve Nesius, Pool) MANDATORY NEW YORK POST OUT
FILE -In this Tuesday, March 1, 2016 file photo, Terry Bollea, known as professional wrestler Hulk Hogan, watches potential jurors at the Pinellas County Courthouse, in St. Petersburg, Fla., as jury selection began in his case vs. Gawker Media. Opening statements are scheduled to begin Monday, March 7, 2016, in the civil trial between pro wrestler Hulk Hogan and a popular news website. (Scott Keeler/The Tampa Bay Times via AP, Pool, File)
Judge Pamela Campbell listens during a sidebar as Hulk Hogan, whose given name is Terry Bollea, testifies in court on Tuesday, March 8, 2016 during Hogan's trial against Gawker Media, in St Petersburg, Fla. Hogan and his attorneys are suing Gawker for $100 million, saying that his privacy was violated, and he suffered emotional distress after Gawker posted a sex tape filmed of Hogan and his then-best friendâs wife. (John Pendygraft/Tampa Bay Times via AP, Pool) MANDATORY NY POST OUT
ST PETERSBURG, FL - MARCH 07: Terry Bollea, aka Hulk Hogan, testifies in his case against the website Gawker at the Pinellas County Courthouse March 7, 2016 in St. Petersburg, Florida. Bollea is taking legal action against Gawker in a USD 100 million lawsuit for releasing a video of him having sex with his best friends wife. (Photo by Boyzell Hosey-Pool/Getty Images)
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"I've been praying for Gawker nonstop," Hogan shares. "That this will be a deterrent, that Nick Denton will take all these young writers and journalists that have all this talent, and teach them to do the right thing to try to help people, instead of trying to destroy lives."

Hogan calls the sex tape saga the hardest thing he's ever gone through in his entire life -- and clearly, it's taken its toll. When recalling how he broke the news of the sex tape's existence to his wife, Jennifer, and his two kids, 27-year-old Brooke and 25-year-old Nick, Hogan breaks down in tears.

"I had to explain it to [Brooke] and she said, 'Dad, I love you. You made a huge mistake, but do what's right,'" he recalls. "And then Nick was really cool. So once I got those three people behind me, the rest was doing what was right."

Hogan says doing what's right was following through with his lawsuit, even though it would expose his personal life further.

"Everybody deserves a second chance in life, and there's something about telling the truth. You can actually wake up and look at yourself in the mirror, and if I didn't do things this way, I don't know what would've happened to me," he admits. "I've had some low spots before in my life, but this would've been the end all be all for me if I hadn't followed this through, because it was never about the money to me. It was about doing what's right, and making sure that what happened to me didn't happen to someone else who might not have the kids, the family, and the constitution to fight."

On Tuesday, Hogan celebrated his court victory with a humorous meme of himself bodyslamming the Gawker logo.

"Thank you God, I am grateful," he wrote. 'I AM THAT I AM.' Only love HH."

Hogan's lawsuit stemmed from an incident in 2006 when, following a divorce from his wife, Linda, Hogan had sex with Heather Cole, the wife of his then-best friend, radio personality Bubba "The Love Sponge" Clem. Hogan testified that the sexual encounter was captured on film without his knowledge, and requested damages from Gawker for emotional distress and invasion of privacy.

However, Gawker -- who argued that they had the right to publish the video because Hogan had lost any prospect of privacy after openly discussing his sex life during media appearances, and that the tape was newsworthy -- said they will appeal the decision.

See photos of Hulk Hogan through the years:

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EXCLUSIVE: Hulk Hogan breaks down crying, says sex tape verdict 'wasn't strong enough'
FILE - In this Oct. 15, 2012, file photo, reality TV star and former pro wrestler Hulk Hogan, whose real name is Terry Bollea, looks on as his attorney speaks during a news at the United States Courthouse in Tampa, Fla. Hogan is suing Gawker for invasion of privacy, after the New York-based website published a tape of Hogan having sex with his then-best friend's wife. The trial starts Monday, July 6, 2015. (AP Photo/Chris O'Meara, File)
World Wrestling Federation heavyweight champion Hulk Hogan, left, and Mr. T. appear at a news conference on Sunday, March 18, 1985 in New York?s Madison Square Garden. Mr. T will make his professional wrestling debut on March 31, when he will be teamed with Hogan against Rowdy Roddy Piper and partner Paul Orndorff in the tag team headliner of the World Wrestling Foundation?s ?Wrestlemania.? (AP Photo/Corey Struller)
Cyndi Lauper with Hulk Hogan on Feb. 26, 1985. (AP Photo)
Comedienne Joan Rivers shown with ?Hulk? Hogan in 1985. (AP Photo)
Rock singer Cyndi Lauper, left, speaks to reporters at the Rainbow Grill in New York on Wednesday, May 1, 1985, following an altercation which occurred during a promotional news conference there. At center is actor Mr. T. At right is his wrestling partner, Hulk Hogan. Wrestler Rowdy Roddy Piper directed insults at Lauper?s mother. Lauper slapped him. In the ensuing melee, four wrestlers, including Mr. T, tumbled to the floor. (AP Photo/Suzanne Vlamis)
Muhammad Ali shown with Liberace, Hulk Hogan on March 29, 1985 at Madison Square Garden for Wrestle Mania in New York City. Ail will referee match. Liberate will be timekeeper. (AP Photo/David Pickoff)
Wrestler Hulk Hogan prepares to slam "Rowdy" Roddy Piper down on the mat during "WrestleMania," a wrestling extravaganza at New York's Madison Square Garden, March 31, 1985. (AP Photo/Ray Stubblebine)
Wrestlemania at Madison Square Garden in New York, May 31, 1985. (AP Photo)
Entertainer Dolly Parton, wearing a wedding dress, is shown with 300-pound wrestler Hulk Hogan during taping of a television special in Los Angeles, Ca., on Sept. 14, 1987. (AP Photo/Bob Galbraith)
Hulk Hogan, left, wins back the World Wrestling Federation Title after defeating Macho Man Randy Savage during Wrestlemania V sponsored by Trump Plaza Hotel Casino, Sunday, April 4, 1989, Atlantic City, N.J. The referee is unidentified. (AP Photo/B. Vartan Boyajian)
Randy "Macho Man" Savage holds challenger Hulk Hogan (l-r) in a headlock during the main event for WrestleMania V, Atlantic City, New Jersey, B&W graphic element on black
Pro wrestler Hulk Hogan is shown in this 1991 photo. (AP Photo/File, Chris Martinez)
Dr. George T. Zahorian III, center, an osteopath from Harrisburg, Pa., poses with Vince McMahon, left, and wrestler Hulk Hogan in 1988. (AP Photo/Richard Drew)
Former heavyweight boxing champ Muhammad Ali, left, is pictured staring down wrestling's Hulk Hogan as the two meet at New York City's Planet Hollywood Wednesday, October 6, 1993. Hogan was at the restaurant to donate his pink tutu from his new movie, Mr. Nanny to their movie memorabilia collection when Ali came in for lunch. (AP Photo/Richard Drew)
Basketball star Dennis Rodman, center, helps his wrestling tag team back to the ring Sunday, March 16, 1997, at the World Championship Wrestling pay-per-view event at the North Charleston Coliseum in Charleston, S.C. At left is Randy "Macho Man" Savage, and at right is his partner Hulk Hogan. (AP Photo/Paula Illingworth)
Hollywood Hulk Hogan puts a choke hold on the neck of Utah Jazz basketball star Karl Malone at a pay-per-view wrestling match Sunday July 12, 1998 in San Diego. (AP Photo/Lenny Ignelzi)
World Championship Wrestling (WCW) wrestler Hollywood Hogan, right, shakes hands with Nigel Morris, president of Capital One, during a promotional event outside the New York Stock Exchange Thursday, Oct. 1, 1998. Capital One MasterCard, in alliance with WCW, will issue new credit cards depicting the faces of some of WCW's most popular wrestlers. (AP Photo/Tina Fineberg)
Professional wrestler Hollywood Hulk Hogan, right, and radio talk show host Don Imus ham it up after Hogan appeared on Imus' show to present a check from Ted Turner for Imus' children's cancer ranch Friday, Nov. 13, 1998, in Atlanta. (AP Photo/John Bazemore)
Hulk Hogan presents his daughter, Brooke Hogan, as they arrive at the MTV Music Video Awards in Miami, Sunday, Aug. 29, 2004. (AP Photo/Chris O'Meara)
Pro wrestler Hulk Hogan walks the red carpet during The Radio Music Awards at The Aladdin Theatre for the Performing Arts, Monday Oct. 25, 2004, in Las Vegas. (AP Photo/Eric Jamison)
Actor Sylvester Stallone, left, wrestler Hulk Hogan, center, and WWE chief Vince McMahon pose for photographers after the WWE Hall of Fame induction ceremony in Los Angeles on Saturday, April 2, 2005. (AP Photo/Matt Sayles)
Wrestler Hulk Hogan holds up a plaque while speaking after being inducted into the WWE Hall of Fame in Los Angeles on Saturday, April 2, 2005. (AP Photo/Matt Sayles)
FILE - in this April 3, 2005, file photo, Hulk Hogan fires up the crowd between matches during WrestleMania 21 in Los Angeles. Hogan, perhaps the biggest star in WWE's 50-year history, is set to bring the red-and-yellow back to the sports entertainment behemoth and will host the April 6, 2014, WrestleMania in New Orleans. (AP Photo/Chris Carlson, File)
Wrestlers John Cena, left, and Hulk Hogan joke on stage as they present the Choice Movie Hissy Fit award at the 2005 Teen Choice Awards in Universal City, Calif. on Sunday, Aug. 14, 2005. (AP Photo/Matt Sayles)
Hulk Hogan appears on MTV's Total Request Live show Wednesday, March 15, 2006 at MTV studios in New York. (AP Photo/Stephen Chernin)
Hulk Hogan rips off his tee-shirt while appearing on MTV's Total Request Live show Wednesday, March 15, 2006 at MTV studios in New York. (AP Photo/Stephen Chernin)
Hulk Hogan poses during the MTV Video Music Awards Forum at Radio City Music Hall Wednesday, Aug. 30, 2006 in New York. The 2006 MTV Video Music Awards, hosted by Jack Black, will be held Thursday, Aug. 31, at New York's Radio City Music Hall. (AP Photo/Jason DeCrow)
** ADVANCE FOR WEEKEND JAN. 20-21 ** In this undated photo released by Kyle Wood, Kyle Wood, left, and Hulk Hogan pose during a taping of the VH-1 reality show "Hogan Knows Best." (AP Photo/Kyle Wood via La Crosse Tribune)
Wrestler Hulk Hogan arrives at the Ocean Drive/Market America Super Bowl XLI party Saturday night, Feb. 3, 2007, in the South Beach section of Miami Beach, Fla. (AP Photo/Chris Polk)
New York Mets pitcher Tom Glavine, left and wrestling legend and cable television reality show star Hullk Hogan pose for photographers before being honored as 2007 Fathers of the Year by the National Father's Day Committee in New York, Thursday, June 7, 2007. (AP Photo/Kathy Willens)
Wrestler Hulk Hogan, also known as Terry Bollea, makes an appearance at MTV studios in Times Square for MTV's "Total Request Live" to promote his new show "American Gladiators", Monday, Jan. 7, 2008, in New York. (AP Photo/Peter Kramer)
Entertainer Hulk Hogan, who will reign as King Bacchus, celebrates with staff and patients at Children's hospital in New Orleans, Friday, Feb. 1, 2008. The Mardi Gras parade will march through the streets of the Crescent City on Sunday evening. (AP Photo/Bill Haber)
Hulk Hogan, former professional wrestler, flexes his muscles, graphic element on black
Hulk Hogan poses for a portrait Wednesday, Oct. 28, 2009 in New York. (AP Photo/Jeff Christensen)
Hulk Hogan poses for a portrait Wednesday, Oct. 28, 2009 in New York. (AP Photo/Jeff Christensen)
Hulk Hogan poses for a portrait Wednesday, Oct. 28, 2009 in New York. (AP Photo/Jeff Christensen)
Hulk Hogan arrives at Spike TV's Video Game Awards on Saturday, Dec. 10, 2011, in Culver City, Calif. (AP Photo/Joe Kohen)
Reality TV star and former pro wrestler Hulk Hogan, whose real name is Terry Bollea, looks on as his attorney speaks during a news conference Monday, Oct. 15, 2012 at the United States Courthouse in Tampa, Fla. Hogan says he was secretly taped six years ago having sex with the ex-wife of DJ Bubba "The Love Sponge" Clem. Portions of the video of Hogan and Heather Clem were posted on the online gossip site Gawker. (AP Photo/Chris O'Meara)
Reality TV star and former pro wrestler Hulk Hogan, whose real name is Terry Bollea, arrives at the United States Courthouse for a news conference Monday, Oct. 15, 2012 Tampa, Fla. Hogan says he was secretly taped six years ago having sex with the ex-wife of DJ Bubba "The Love Sponge" Clem. Portions of the video of Hogan and Heather Clem were posted on the online gossip site Gawker. (AP Photo/Chris O'Meara)
From left, Orlando Jones and Hulk Hogan participate in FOX's "Sleepy Hollow" autograph signing and panel during New York Comic Con, on Sunday, October 13, 2013 at Javits Convention Center, in New York City, NY. (Photo by Laura Thompson/Invision for FOX Broadcasting/AP Images)
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"The enormous size of the verdict is chilling to Gawker Media and other publishers with a tabloid streak, but it is also a flag to higher courts that this case went wildly off the rails," Denton wrote in a Gawker article about the verdict on Tuesday. "Emotion was permitted to trump the law, and key evidence and witnesses were kept from the jury."

Hogan, however, is not worried about any appeals.

"If something happened that the appeal went the wrong way, I have to be very, very happy with the fact that I exposed Gawker, and people now know that these people are not legitimate journalists," he says. "This type of behavior is not acceptable in our society."

WATCH: EXCLUSIVE -- Brooke Hogan Defends Her Dad Hulk Hogan's Racist Rant -- It's 'Not Who He Really Is'

Watch Hogan's emotional testimony during the trial in the video below.

Hulk Hogan Testifies in Gawker Sex Tape Case

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