#1 Gawker did not out Peter Thiel. Peter Thiel outed Peter Thiel. Back when Friendster was a thing he had a public profile which featured him shirtless on a boat which clearly advertised his interest in handsome men. So on the scale from Closet Queen to Totes Obvious, he was more on the side of totes obvi. It was also the worst kept secret in San Francisco, particularly if you had any latin friends. So Owen Thomas was right in concluding that Thiel was already out when he ran his "Peter Thiel is totally gay" piece because it wasn't news to anybody.
#2 if Hulk Hogan is claiming injury and embarrassment from a sex tape, why did he make a sex tape? Yes, Gawker is muck raking trash (I just read it for the comments!), but they trade in such material. Unless I am missing something, Gawker didn't trick him into making a sex tape. Common sense would tell you that if you don't want your sex tape on the Internets, don't make a sex tape in the first place.