"We've reached a marital settlement agreement," Usmagazine.com quoted Linda's lawyer, Ray Rafool, as telling a judge during a hearing in a Clearwater, Fla., court Tuesday.
The terms of the pact, which ends months of acrimonious court proceedings and sniping in the press, were not made public.
"The war is over," Usmagazine.com reported Linda said after the hearing.
"When you're married to someone for 23 years ... you hope for the best. .... We just got torn apart," Hogan, whose real name is Terry Bollea, told the Tampa Tribune.
The former couple, along with their children Brooke and Nick, appeared in a television reality series called "Hogan Knows Best."