The verdict breaks down at roughly half for economic damages, and half emotional damages.
The jury seems set on making a point, but it just seems excessive on both parts.
I don’t know how much this cost Hogan economically, I don’t think it’s anywhere near $60 million (and considering how many people have actually gotten their start with a sex tape - Kardashian comes to mind), I wonder about economic losses beyond what the WWE contract was.
As for the emotional distress, that could be plausible, but it’s still on the high side. I just don’t know what similar cases have brought.