After going through a massive divorce in the past, NBA Great Michael Jordan apparently has a prenup in case of a divorce.
In a recent report, it was revealed that Michael Jordan’s current wife, Yvette Prietto, would inherit $1 million for each year of marriage should the two decide to split, and if married over 10 years, that fee will increase to $5 million annually.
This isn’t unheard of for professional athletes. Gaining generational wealth is common for stars, and since many have lost tens of millions of dollars in settlements after divorces, so Jordan and Prietto agreeing to a prenup isn’t shocking, especially as Jordan learned from his first divorce.
In 2006, Jordan’s divorce from his first wife Juanita Vanoy resulted in a settlement that cost him $168 million of his then $650 million, and if in irreconcilable difference would occur, he would likely want to avoid a comparable payout, even with his current net worth of $2 billion+.
Jordan married the younger Prietto in 2013, meaning the current payout would soon be over $55 million. The couple have two children together.
Jordan’s net worth will dramatically increase, as he recently sold his majority ownership of the Charlotte Hornets for $3 billion, though he will still hold a minority stake. This sale will likely have little impact on hir prenup.
Though the details of Jordan and Prietto’s arrangement is public, we at TPS continue to wish their family the absolute best.
News
Jennifer Lopez, 54, poses VERY provocatively in green lingerie for Intiмissiмi collab as she flashes wedding band froм Ben Affleck: ‘Made with love’
Jennifer Lopez was showing off her мodeling s𝓀𝒾𝓁𝓁s this week as she posed in lingerie. The 54-year-old forмer Fly Girl froм In Living Color pυshed oυt her hips…
I can’t be pregnant for a g@y. Beyonce stated and reveals Blue Ivy’s true Dad to Jay-Z
I can’t be pregnant for a g@y. Beyonce stated and reveals Blue Ivy’s true Dad to Jay-Z In the dazzling world of music and fame, a statement…
Tom Brady has ‘accepted’ Gisele Bündchen’s romance with jiu-jitsu instructor began ‘years ago’: report
Tom Brady reportedly has “accepted” ex-wife Gisele Bündchen’s romance with Joaquim Valente began “years ago.” According to the Daily Mail, the former NFL star is learning to…
Top MLB Candidates Due for Contract Extension Before Opening Day
Corbin Carroll and Jake Cronenworth were among several stars to sign new deals before last season. Who’s in line this year to put pen to paper during…
Will John Cena and Randy Orton have a collaboration on OnlyFans?
Fans of both wrestlers respond to this idea. enowned wrestler John Cena surprised his fans by revealing that he created an account on OnlyFans, an online platform where creators…
Chris Brown Features Karrueche Tran Look-A-Like In ‘To My Bed’ Music Video
Watch Chris Brown’s latest music video… The controversial singer has decided to feature a Karrueche Tran look-a-like in the visuals taken from his latest album ‘Heartbreak On…
End of content
No more pages to load