“And with that, it’s over,” former Editor-in-Chief Megan Greenwell said Friday. “Deadspin no longer employs a single writer or editor."
The WWE cut ties with Hogan in 2015 due to a recording of him repeatedly using the n-word — part of the infamous sex tape for which he sued Gawker.
During its tenure, Gawker referred to the Bustle CEO as an “a**hole” and a “self-serving misogynist.”
What the PayPal co-founder planned to do with the news site remains unclear.
The news was first reported by Reuters, which did not specify Thiel's motivations.
A Kickstarter campaign led by former staffers raised less than $90,000 of its $500,000 goal.
The fundraising campaign is a last-ditch effort to revive Gawker.com.
It would give him the power to delete the shuttered site's entire archive.
Attorney Charles J. Harder helped Hogan and Peter Thiel take down Gawker last year.
When documentary filmmaker Brian Knappenberger set out to make a film about Hulk Hogan’s lawsuit against Gawker Media, he