Nick Hogan Released from Jail Early, Insurance Rates Skyrocket Globally

October 21, 2008

Nick Bollea, also known as the son of the Hulkster, was released after serving just 166 days of his eight month prison sentence for his involvement in a street race gone wrong, which left his friend John Graziano permanently mamed.

Hogan's sentence was reduced apparently due to "good time" credit issued because of his model behavior. The monkey isn't off his back just yet, as he still has 5 years of probation and 3 years of no license ahead of him.  [Source: Autoblog]