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Check Out The Details of Michael Jordan’s Prenup!


 Check Out The Details of Michael Jordan’s Prenup!
topic by UpTownBronx92 - 03-21-2013, 12:42 PM - Boxden > BX SportsCenter




Via DailyMail:
The National Enquirer reports that the prenup will protect nearly all of the sports star’s $650 million fortune. ‘Michael loves Yvette, but he won’t let that interfere with his common sense – and his money – like it did before,’ a source allegedly told the publication.
The 50-year-old star and his bride-to-be, who will apparently tie the knot on April 27, will each keep the a$sets 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!"


 03-21-2013, 12:43 PMaway - #2
UpTownBronx92 202 heat pts202

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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.
 03-21-2013, 12:45 PMaway - #3
pandadays 7 heat pts

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lebron, you up next, better prepare them papers
 03-21-2013, 01:03 PMaway - #4
Supreme7 

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why does she still get paid anyway? what is the purpose of that?
 03-21-2013, 02:12 PMaway - #5
SeaJaiye 75 heat pts75

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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
 03-21-2013, 02:15 PMaway - #6
Spiffy 34 heat pts34

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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!’
#### please
 03-21-2013, 02:15 PMonline - #7
s1eepyboy 6 heat pts

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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
 03-21-2013, 02:16 PMaway - #8
beast mode 16 heat pts16

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it's a winning situation for her either way.
 03-21-2013, 02:40 PMaway - #9
Hold That 91 heat pts91

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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..
 03-21-2013, 02:49 PMaway - #10
ThePainkiller 296 heat pts296

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I wonder will be hit the 1 billion mark soon?
 03-21-2013, 02:55 PMaway - #11
Bkjj11 189 heat pts189

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juanita is still chill on mils
 03-21-2013, 02:58 PMaway - #12
SHADOW 279 heat pts279

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Juanita got the biggest W of all hoes
 03-21-2013, 02:59 PMaway - #13
StylinOnYou 13 heat pts13

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looks like jordan not trying to go full uncle tom mode
 03-21-2013, 03:02 PMaway - #14
philly337 15 heat pts15

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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
 03-21-2013, 03:13 PMaway - #15
StylinOnYou 13 heat pts13

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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 de@th by then, she in it for the long run
 03-21-2013, 03:14 PMonline - #16
jplaydadon 8 heat pts

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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$sets 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
 03-21-2013, 03:18 PMaway - #17
Maroon_Tiger 12 heat pts12

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It didnt mention anything about future child support
 03-21-2013, 03:22 PMonline - #18
The Bully 161 heat pts161

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The National Enquirer reports...
 03-21-2013, 03:35 PMaway - #19
JohnDoe B1 

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 03-21-2013, 05:33 PMaway - #20
Bart Pimpson 56 heat pts56

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we want prenup we want prenup
 
 


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