Hulk Hogan on Racial Slur Scandal: 'Please Forgive Me'

The popular professional wrestler talks about the video that shows him making racist comments.
4:44 | 08/31/15

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Transcript for Hulk Hogan on Racial Slur Scandal: 'Please Forgive Me'
Right now, Amy's exclusive interview with hulk hogan. His first interview for getting kicked out of the WWE. This was a humbled hulk hogan? That's right. Emotional and poll jet nick the face of a scandal that has many questioning whether he's a racist. He was heard saying the "N" word in a secretly recorded tape from 2007. A tape he says he's never watched. Hulk hogue season here! Hulk hogan is in the building! Reporter: With his signature leg drop, horse shoe mustache, and unrivaled strength, he turned wrestling into a goebl phenomenon. Today, he's fighting to maintain his legacy. Can we stop for a second? Reporter: Terry bollea, the man behind the oncehulkster. This one hit me the hardest. Reporter: After portions of his conversation in a secretly recorded private encounter, caught using racial slurs. I was at the lowest point in my life. To the point write wanted to kill myself. Reporter: You were suicidal? Yes. I was JP set with my daughter. I was being FAPD. Reporter: He refers to his daughter's then boyfriend using the "N" word. Are you a racist? No, I'm not. I never should have said what I said. It was wrong. I'm embarrassed by it. But a lot of people need to realize that you inherit things from your environment. I grew up in south Tampa. It was a rough neighborhood. Very low income. And all my friends, we greeted each other saying that word. The word was just thrown around like it was nothing. Reporter: Sit fair to say that you inherited a racial bias? I would say that is very fair. The environment I grew up in, all my white friends, all my black friends, to hear the word on a daily basis. That's how they would greet me. Good morning, so and so. Reporter: For fans who feel let down by you. Mm-hmm. Reporter: Do you ask their forgiveness? Oh, my gosh. Please forgive me. Please forgive me. I'm a nice guy. Not the guy who rips the shirt off and slams giants. I'm terry bollea. A Normal man. Reporter: The WWE, not taking the risk, fired him. It was like everything I have done never happened. Reporter: Your image, likeness, erased. Like I had never existed. Reporter: That had to hurt. It was devastating. Reporter: Many industry big wigs coming to his defense. Your daughter posted a beautiful poem on Facebook. If you knew the dad I knew, you would know he raised me well. He taught me folks are so much more than shades could ever tell. Yeah. And if anybody -- should have disowned me, it should have been her. You know? She should have been the one -- she should have been the one to throw me out like the trash. But instead, she showed me more love than anybody. Reporter: What did Brooke say to you? Well -- could we stop for a second? Reporter: Yeah, sure. All right. Okay. Reporter: How has Brooke helped you through this? She's been so supportive. She was the direction of my attack. You know? I was not so mad at her boyfriend. I was mad at her. You know. And she -- she instantly said, I don't need to forgive you because I'm not mad at you. Reporter: Now the man known for his superhuman strength is wregling with turning this negative into a positive. Just because a person makes a mistake, just don't throw them away. You don't throw good people away. If every at their lowest point was judged on one thing they said and your whole career was wiped out today because of something you said 10 or 20 years ago, it would be a sad world. People get better every day. People get better. Hogan told me the day he was fired from the WWE was the greatest day of his life because the truth literally set him free. He's dedicating to raise awareness about the impact of racial slurs. He's hoping to make this a positive. While he's apologizing for what happened. He's suing Gawker for releasing the tape for $100 million. That trial is set for next spring. That will be a block buster, too. It seems like he's healed his family. Any chance he gets back to wrestling? He would give his left arm. He would love a second chance. He made it clear. It remains to see what the WWE is prepared to do, if anything. Great interview. Really good.

This transcript has been automatically generated and may not be 100% accurate.

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