For those unaware, the pair's friendship goes way back with Margera making an appearance in the third instalment of Tony Hawk's Pro Skater.
However, Margera was recently removed from the set of the latest Jackass instalment after he tested positive for Adderall, according to his attorney Eric George.
And now, skating GOAT Tony Hawk has now had his say on the situation.
He told LADbible: "I can't speak for the studio, I can't speak for Bam. I think that he became a liability for them.
"I think that he needed some help. I think it's bad timing in both respects, in that he needed this kind of help when they were in the middle of shooting their movie."
Hawk added: "Maybe if that timeline had shifted a bit, it would have worked out for them.
"But I don't really have the great details of it, I just want to see Bam get better and I want to see him in a good place and healthy mentally.
"There will be plenty of other opportunities for him, film-wise or whatever.
"But most important is for him to get healthy for his family."
Margera launched a lawsuit last year against Paramount, Knoxville and director Jeff Tremaine and said he was wrongfully fired from the film.
He believes he endured 'psychological torture' while working with the team.
In a video that was posted and then deleted early last year, Margera alleged: "Jackass has put me through hell on f***ing wheels for a year-and-a-half."
He alleged Paramount Pictures forced him to take multiple breathalyser tests, give urine samples, and filmed him taking anti-depressants in order to be in the film.
In an interview with Variety, Johnny Knoxville says it wasn't an easy decision to reduce the screen time for his longtime pal.
"We wanted him all throughout the movie, but unfortunately that's not the way it worked out," he said.
"It's really heartbreaking. I love Bam. We all love Bam. He's our brother, you know? You just hope that he takes it upon himself to get the help that he needs, because we all care about him a lot."Featured Image Credit: Instagram/@tonyhawk