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Check Out The Details of Michael Jordan’s Prenup!

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 Check Out The Details of Michael Jordan’s Prenup!
Unread 03-21-2013, 12:42 PMJoined Dec 2012 - on now - #1
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Via DailyMail:
The National Enquirer reports that the prenup will protect nearly all of the sports star’s $650 million fortune. ‘Michael loves Yvette, but he won’t let that interfere with his common sense – and his money – like it did before,’ a source allegedly told the publication.
The 50-year-old star and his bride-to-be, who will apparently tie the knot on April 27, will each keep the a.ssets that they bring to the marriage, it has been reported.
Should the couple end up divorcing, Yvette will allegedly receive $1 million for every year that they were married.
If the marriage lasts for 10 years, she will receive $5 million per year if they split up.
But the Cuban-American model, 33, reportedly is ‘OK with the agreement,’ because she doesn’t believe the prenup will ever come into play. ‘She feels they have a strong relationship. She can’t imagine that they’d ever split up!’ The insider added: ‘Yvette knows Michael was once a serial cheater, just like his buddy Tiger Woods. ‘But she believes Michael has sown his wild oats and only has eyes for her now. They’re both very happy and looking forward to the wedding.’
Michael and Yvette appeared at the main Palm Beach County courthouse in Florida to apply for a marriage licence in the early morning of March 7, according to Kathy Burstein, a spokeswoman for the clerk’s office. Applicants must apply in person and a licence is good for 60 days.
Michael and Juanita had no prenuptial agreement, but Juanita walked away from the marriage in 2006 with $168million, their shared Chicago mansion and custody of the couple’s three children.
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33 comments for "Check Out The Details of Michael Jordan’s Prenup!"

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Unread 03-21-2013, 12:43 PMJoined Dec 2012 - on now - #2
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The National Enquirer reports that the prenup will protect nearly all of the sports star’s $650 million fortune. ‘Michael loves Yvette, but he won’t let that interfere with his common sense – and his money – like it did before,’ a source allegedly told the publication.
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Unread 03-21-2013, 12:45 PMJoined Feb 2007 - away - #3
pandadays 54 heat pts54 space
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lebron, you up next, better prepare them papers
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Unread 03-21-2013, 01:03 PMJoined Jul 2006 - on now - #4
Supreme7  space
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why does she still get paid anyway? what is the purpose of that?
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Unread 03-21-2013, 02:12 PMJoined Jun 2010 - away - #5
SeaJaiye 75 heat pts75 space
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Should the couple end up divorcing, Yvette will allegedly receive $1 million for every year that they were married.
If the marriage lasts for 10 years, she will receive $5 million per year if they split up.
jordan lost eternal in 20+ years
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Unread 03-21-2013, 02:15 PMJoined Jul 2009 - away - #6
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But the Cuban-American model, 33, reportedly is ‘OK with the agreement,’ because she doesn’t believe the prenup will ever come into play. ‘She feels they have a strong relationship. She can’t imagine that they’d ever split up!’
bi*ch please
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Unread 03-21-2013, 02:15 PMJoined Aug 2005 - away - #7
s1eepyboy 7 heat pts space
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although its not fair. he can afford to lose a mil a year. dont see whats in it fo him tho...r
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Unread 03-21-2013, 02:16 PMJoined Jan 2010 - away - #8
beast mode 16 heat pts16 space
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it's a winning situation for her either way.
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Unread 03-21-2013, 02:40 PMJoined Sep 2005 - away - #9
Hold That 91 heat pts91 space
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Originally Posted by Supreme7
why does she still get paid anyway? what is the purpose of that?
The purpose is to not have a female marry you for 2 years and leave with half of your fortune.. 2mil vs. 160mil. thats the purpose.

Last edited by Hold That; 03-21-2013 at 02:45 PM..
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Unread 03-21-2013, 02:49 PMJoined May 2012 - away - #10
ThePainkiller 306 heat pts306 space
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I wonder will be hit the 1 billion mark soon?
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Unread 03-21-2013, 02:55 PMJoined Aug 2007 - away - #11
Bkjj11 605 heat pts605 space
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juanita is still chill on mils
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Unread 03-21-2013, 02:58 PMJoined Apr 2012 - away - #12
SHADOW 316 heat pts316 space
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Juanita got the biggest W of all hoes
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Unread 03-21-2013, 02:59 PMJoined Jan 2011 - away - #13
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looks like jordan not trying to go full uncle tom mode
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Unread 03-21-2013, 03:02 PMJoined Aug 2006 - away - #14
philly337 15 heat pts15 space
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everything was good till it said she gets 5 mil for ever year after 10. Do they mean that after 10 years every year after that is 5 mil or the previous 10 gets bumped to 5 a year? If it's the latter after 20 years she could get 100 mil
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Unread 03-21-2013, 03:13 PMJoined Jan 2011 - away - #15
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Originally Posted by philly337
everything was good till it said she gets 5 mil for ever year after 10. Do they mean that after 10 years every year after that is 5 mil or the previous 10 gets bumped to 5 a year? If it's the latter after 20 years she could get 100 mil
he'll be 70 and possibly near death by then, she in it for the long run
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Unread 03-21-2013, 03:14 PMJoined Dec 2004 - away - #16
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Originally Posted by #TheReturn
The purpose is to not have a female marry you for 2 years and leave with half of your fortune.. 2mil vs. 160mil. thats the purpose.
She can't marry him and take half his fortune though I don't think in that short of time. With Juanita he accumulated those a.ssets over a number of years. Without a prenup i think she'd only get half of what he makes after the point they get married. Either way it's good he's protecting most of his cash. She wasn't shooting with him in the gym or raising his kids
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Unread 03-21-2013, 03:18 PMJoined Jan 2004 - away - #17
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It didnt mention anything about future child support
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Unread 03-21-2013, 03:22 PMJoined Apr 2009 - away - #18
The Bully 208 heat pts208 space
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The National Enquirer reports...
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Unread 03-21-2013, 03:35 PMJoined Dec 2011 - away - #19
JohnDoe B1  space
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Unread 03-21-2013, 05:33 PMJoined Aug 2010 - away - #20
Bart Pimpson 56 heat pts56 space
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we want prenup we want prenup
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