Settlement FAQs

how much was a rod's divorce settlement

by Lenny Nicolas Published 3 years ago Updated 2 years ago
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Full Answer

What did Cynthia Rodriguez ask for in her divorce petition?

In her divorce petition, Cynthia Rodriguez, 35, demanded the couple's $12 million waterfront estate in Coral Gables, Fla., and "equitable distribution" of all assets acquired during the marriage. She also asked for alimony and child support from A-Rod, who made $28 million this season.

How much did mark Scurtis get from his divorce settlement?

It's not clear exactly how much Scurtis received from the divorce settlement, or if Rodriguez was able to decrease those monthly payments. Still, if he paid around $115,000 a month for a decade, he would've shelled out around $13.8 million just on those payments.

How much are the most expensive divorce settlements worth?

Each of those settlements was worth tens of millions of dollars, but they pale in comparison to the most expensive divorce settlements of all time. That dubious list is reserved for settlements worth hundreds of millions of dollars — and in a few eye-popping cases, $1 billion or more.

What is the biggest Hollywood Divorce payout in history?

The nearly half-a-million-dollar settlement between actor Mel Gibson and Robyn Moore remains the largest Hollywood divorce payout in history. The settlement totaled half of the actor's net worth at the time.

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How much money did a rod make in his career?

During his professional career, Alex Rodriguez earned a bit under $475 million in salary, bonuses and endorsements. Alex has continued to earn tens of millions of dollars every year in retirement. As of this writing, his total career earnings top a little more than $650 million.

What is a rod worth?

A-Rod, 45, one of the top earning athletes ever, has amassed a fortune of at least $400 million based on Forbes estimates.

What nationality is Cynthia scurtis?

AmericanCynthia Scurtis / Nationality

Who is richer A-Rod or Ben Affleck?

Thanks to his lucrative contracts in the MLB, Alex Rodriguez currently has a net-worth of $350 million. That is $200 million above of what Ben Affleck is currently worth.

What is A-Rod's net worth 2021?

As we have already mentioned, the net worth of Alex Rodriguez is around $350 million....Alex Rodriguez Net Worth Growth.Net Worth in 2022$350 MillionNet Worth in 2021$320 MillionNet Worth in 2020$295 MillionNet Worth in 2019$262 MillionNet Worth in 2018$249 Million1 more row

Who is Angel Nicolas?

Angel Nicolas Real Estate Advisor and Founder of The Nicolas Group at Compass, Miami Beach.

Who was Alex Rodriguez married to?

Cynthia ScurtisAlex Rodriguez / Spouse (m. 2002–2008)

Who is Arods girlfriend?

Alex Rodriguez's girlfriend, Kathryne Padgett, shared an “insane video” from their yacht excursion after sailing across the Mediterranean and stopping at several European cities along the way.

Who's the richest baseball player?

1. Alex Rodriguez. Alex Rodriguez is currently the wealthiest baseball player, with a net worth of $350 million.

How rich is JLO?

$400 million dollarsHer net worth is estimated at $400 million dollars, five times more than Jennifer Garner. If playback doesn't begin shortly, try restarting your device.

How old is Jennifer Garner net worth?

Jennifer Garner Net WorthNet Worth:$80 MillionDate of Birth:Apr 17, 1972 (50 years old)Gender:FemaleHeight:5 ft 8 in (1.73 m)Profession:Actor, Television producer, Film Producer, Spokesperson, Businessperson, Voice Actor, Television Director1 more row

How much is JLO 2020 worth?

$400 millionLopez's net worth is estimated to be a whopping $400 million, netting an average of $40 million per year.

How much was Jeff Bezos’ divorce settlement worth?

According to reports, Amazon chief Jeff Bezos agreed to a massive divorce settlement with his former partner MacKenzie. Under the terms of the agre...

How much was Tiger Woods’ divorce settlement worth?

In 2010, after his long and storied affairs were aired, professional golfer Tiger Woods finalised a divorce settlement with Elin Nordegren that was...

Why did Michael Jordan get divorced?

While they attempted to reconcile for four years, in 2006, NBA superstar Michael Jordan and his wife Juanita officially announced their divorce. Ru...

What is the most expensive divorce settlement?

Here is a list of the most expensive divorce settlements in history. 1. Jeff Bezos and Mackenzie Scott – USD$38 Billion. The big daddy of them all, Jeff and Mackenzie Bezos’ split in 2019 goes down as the most expensive divorce settlement in history.

How much was Jeff Bezos’ divorce settlement worth?

Under the terms of the agreement, Bezos paid out his former flame a total of USD$38 billion, making it the most expensive divorce settlement in history.

How much did Michael Jordan's divorce cost?

NBA superstar Michael Jordan’s divorce settlement reportedly cost him over USD$168 million after his 17-year marriage to Juanita Vanroy ended in 2006. Similarly, our own Greg Norman had to fork out a whopping USD$103 million following the breakdown of his 25-year-marriage to Laura Andrassy.

How much money does Bernie Ecclestone get from his ex wife?

In the 11 years since his split from model Slavica, Ecclestone has received more than half a billion dollars from his ex-wife’s trust, but you certainly wouldn’t say he’s the winner in this situation. It appears Slavica is paying him roughly USD$100 million per year, due to the fact that Ecclestone’s assets were transferred into Slavica’s name when he was suffering from serious heart problems in the late 1990s.

Why did Elena Rybolovlev get divorced?

In 2008, Elena Rybolovlev filed for divorce against her Russian businessman and investor Dmitry, citing “serial infidelity” of his part. It wasn’t until 2014 that the divorce was made official, around the same time Elena was detained in Cyprus for allegedly stealing a $28 million diamond ring she later proved her ex-husband had given her while they were still married.

How much did Jocelyn receive in divorce?

Jocelyn once calculated her yearly telephone bill at $60,000 and food and wine costs at $547,00. In the actual divorce settlement, Jocelyn received USD$2.5 billion along with a $100 million pay packet every year for 13 years.

How much did Mann get from divorce?

According to Business Insider, Mann received a whopping USD$1.7 billion, including USD$110 million in cash from the divorce settlement. In the years that have passed, however, many Murdoch biographers have questioned that figure, suggesting the amount was “ misapplication “.

How much did Alex Rodriguez pay in spousal support?

During that time, TMZ reported Rodriguez was shelling out $115,000 monthly to cover spousal and child support payments. This became an issue because their agreement hadn't been altered after Rodriguez stopped playing baseball, with Rodriguez claiming his income had dropped from $30 million a year to $3 million a year.

How much did Alex Rodriguez make in the Yankees?

However, it was reported that Scurtis wanted alimony, child support, and a $12 million mansion in Coral Gables, Fla. At that time, Rodriguez made $28 million a season from the Yankees. However, that wasn't the end of the story. There was plenty of drama for over a decade.

Did Alex Rodriguez cheat on Scurtis?

Rodriguez was accused of cheating on Scurtis with a stripper named Candice Houlihan back in 2008. That same year, inside sources told People that Scurtis reached her tipping point over his rumored affair with Madonna. Neither of these alleged affairs were confirmed by A-Rod himself, but Red Sox fans did hold up pictures of Madonna to taunt him during a game in 2008. Although the public will never know the whole truth about his perceived infidelities, legal documents are often a matter of public record, which is why there was so much fodder surrounding their divorce... especially in regard to financial disputes.

Who is Jennifer Lopez's husband?

These days, Alex Rodriguez is praised as the supportive Instagram (almost) husband of Jennifer Lopez. This is a major turnaround for the former Yankee, who had a less-than-pristine public image.

Does Alex Rodriguez take care of his kids?

In October 2018, People quoted an inside source who claimed, "Alex [Rodriguez] takes good care of his kids and he has been good to Cynthia [Scurtis] but feels he is paying excessive amounts to his ex that should be lowered since he is no longer playing ball.".

Did Cynthia and Alex Rodriguez settle?

In September 2008, New York Daily News shared the following statement from Rodriguez's lawyer: "Cynthia and Alex Rodriguez have amicably resolved their dissolution of marriage proceedings." The attorney didn't mention details about the settlement , instead deeming it a "private negotiation." However, it was reported that Scurtis wanted alimony, child support, and a $12 million mansion in Coral Gables, Fla. At that time, Rodriguez made $28 million a season from the Yankees.

Why did Cynthia Rodriguez divorce?

Cynthia Rodriguez filed for divorce in July, blaming his "long period of infidelity" for busting up their marriage and accusing him of "emotionally abandoning" her and their children. While she declined to name names, she privately told friends that one of A-Rod's bevy of mistresses was Madonna. Most Read.

How old was Cynthia Rodriguez when she was a material girl?

The Material Girl, who turned 50 in August, vehemently denied any hanky-panky with the Bronx Bombers ' 33-year-old third baseman, claiming they were "just friends.". At the height of the nasty mud slinging, Cynthia Rodriguez fled to Paris to stay at rocker Lenny Kravitz 's pad.

Did Alex Rodriguez and Cynthia Rodriguez get divorced?

Yankee star Alex Rodriguez and Cynthia Rodriguez reach divorce settlement. The ugly divorce battle that painted Yankee slugger Alex Rodriguez as a serial adulterer and "brainwashed" beau of pop icon Madonna is over. Rodriguez and his wife, Cynthia, announced Thursday night they have peacefully settled their multimillion-dollar divorce case.

Did Kravitz have an affair with Cynthia Rodriguez?

Kravitz was forced to issue a statement den ying rumors that he and Cynthia Rodriguez were having an affair. In response to Cynthia's divorce petition, A-Rod conceded their marriage was "irretrievably broken," but demanded that allegations of his "extramarital affairs" be stricken from all court records. Recommended on Daily News.

How to negotiate a divorce settlement?

The following tips can be useful when you are negotiating a divorce settlement: 1. Consider Mediation. Mediation can save you thousands of dollars in attorney's fees and court fees. The mediation process will involve a neutral third-party mediator (usually a family law attorney).

What Is Included in a Divorce Settlement?

A divorce settlement agreement is a document where divorcing couples agree on what the terms of a divorce should look like. The agreement may cover several issues, including:

How is property divided?

States usually follow one of two ways to divide the property: 50/50 (community property states) or through equitable distribution.

What are the legal issues involved in a divorce?

There are a lot of complicated legal issues that come with a divorce. Drafting a divorce settlement that covers custody, child support, property division, and the like can be a very demanding task, especially if you and your spouse are not in agreement. Speaking to a divorce attorney may be a great place to start to get proper guidance.

What is equitable distribution?

Equitable distribution means the judge will look at each case and determine what is fair. The judge considers a number of things are before reaching a decision. These include: Earning capacity of the spouses. Financial resources and income potential of the spouses. Length of marriage.

How to get divorced?

2. Get All the Financial Information. If you or your spouse are considering a divorce, make sure to gather all your financial information before starting a settlement discussion. Make copies of financial documents like bank accounts, mortgage payments, and retirement plans for future use. 3.

What is settlement agreement?

A settlement agreement is about compromise, but that does not mean you shouldn't get your fair share of the property. If you are confused about the terms of the settlement, it may be wise to have an attorney review it to make sure your rights are protected.

How much did Elena get in the settlement?

The courts initially awarded Elena a whopping $4.5 billion in the settlement in 2014, but after an appeal, she walked away with "only" $604 million.

Who are the celebrities who have been on the wrong end of divorce?

The mogul would join a long list of celebrities who have been on the wrong end of a costly divorce settlement, which includes Paul McCartney, Madonna, Tiger Woods, and even President Donald Trump.

How much is Jeff Bezos worth?

Jeff Bezos, with a net worth of $137 billion, is the richest person in the world, and some media outlets have mused whether his divorce could become the most expensive of all time. If Washington state issues a divorce decree to the couple, the divorce would rank as the priciest in history.

How much did Mel Gibson and Robyn Moore settle for?

Mel Gibson and Robyn Moore, 2006 — $425 million. The nearly half-a-million-dollar settlement between actor Mel Gibson and Robyn Moore remains the largest Hollywood divorce payout in history. The settlement totaled half of the actor's net worth at the time.

When did Murdoch and Torv get separated?

But the couple had diverging plans for when Murdoch would retire, and they agreed to an " amicable separation " in 1998. Details of the separation are sparse, but Torv is rumored to have received $1.7 billion.

When did Craig and Wendy divorce?

Cell phone industry pioneer Craig McCaw and newspaper publisher Wendy McCaw amicably divorced in 1997, with the settlement estimated to exceed $460 million in Nextel stock, according to Forbes.

When did Sheila Johnson divorce?

In 2000, the couple became the first African-American billionaires, and when the couple divorced two years later, Sheila Johnson walked away with $400 million, according to ABC News.

Why did Mark's standard of living decrease after a divorce?

Mark's standard of living will decrease once there is a divorce due to the fact that he makes less than Joan. The two went to mediation and Joan chose to pay temporary spousal support that is deductible at tax time rather than splitting assets in John’s favor.

Why was the marital assets split 60/40?

The marital assets were split 60/40 in Lance’s favor because the judge felt that Lance, being the lower income earner and caretaker of their children should continue to live the standard of living he and his children had become accustomed to.

How long does Joan have to pay spousal support?

Divorce Settlement: The marital assets are split 50/50 and Joan is ordered to pay Mark rehabilitative spousal support for a term of five years. The long-term marriage established a lifestyle that both Mark and Joan had become accustomed to.

Why did Grace want a marital home?

Grace wanted the marital home because the equity in the home is more than she could have gotten if there has been a basic 50/50 split in marital assets.

How long have Ken and Jan been married?

Ken and Jan. Marital Profile: Ken and Jan have been married for five years and have no children. They both entered into the marriage with established careers, earning similar salaries. Divorce Settlement: The marital assets are split 50/50 between the spouses. There is no spousal support or child support .

How long have Grace and Bill been married?

Marital Profile: Bill and Grace have been married for 16 years with two teenage children. Grace has been a stay-at-home mom for fourteen years; Bill has an executive position and earns a six-figure salary.

What does equal mean in divorce?

When negotiating a divorce settlement it's imperative that you understand that "equal" doesn't mean a 50/50 split. Equal means what is fair to both parties involved. You won't get everything you believe you are entitled to and, you will need to be able to compromise for the sake of all involved.

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