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Hasselhoff in embarrassing drunk video

With the celebutainment shows in a tizzy over video of a TV legend and tabloid tightrope walker stripped to the waist and drunk out of his gourd, video verite subject and self-described "recovering alcoholic" David Hasselhoff is putting the best possible spin on an embarrassing tape made while he was in Las Vegas performing in The Producers.

Just as the Alec Baldwin telephone scandal brought his 11 year-old daughter into the spotlight, so does this tape of the intoxicated Hoff include his daughters. They supposedly shot the tape as an intervention.

And now it's entertainment.

But Hasselhoff is rolling with the punch, issuing a statement through his attorney:

"I am a recovering alcoholic. Despite that I have been going through a painful divorce and I have recently been separated from my children due to my work, I have been successfully dealing with my issue.

"Unfortunately, I did have a brief relapse, but part of recovery is relapse. Because of my honest and positive relationship with my children, who were concerned for my well-being, there was a tape made when I had a relapse to show me what I was like. I have seen the tape. I have learned from it, and I am back on my game. I hope that someone else will learn from the tape, as I have. I thank God for the love and concern from my children."

At least he didn't call them "rude little pigs" for sticking a camera in his face.

Watch the syndicated celeb shows tonight for the shocking! details!

And hey, if we were a former Baywatch hunk who's big in Germany, reduced to playing a drag role in Vegas and Paula Abdul's role on America's Got Talent, we'd probably be hitting the sauce, too.

Hang in there, Hoff! It'll only add to the legend!

--Tabloid Baby

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