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how much was michael jordan's divorce settlement

by Orpha Mayer Published 2 years ago Updated 2 years ago
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Jordan's ex-wife received a $168 million settlement, which was the most expensive divorce settlement in entertainment history at the time. This is the equivalent of $246 million in 2022. Juanita also received a seven-acre mansion in Chicago.Jul 27, 2022

How much did Michael Jordan’s divorce cost him?

Michael Jordan’s divorce cost the basketball star $168 million Michael Jordan and Juanita Vanoy met at a Chicago restaurant while she was employed as a loan officer at a bank and he already appeared destined to be the next NBA superstar. The first of their three children had already been born by the time they married in September 1989.

How much did Jordan Vanoy get from his divorce?

Vanoy received $168 million in the divorce settlement, one of the largest in sports history, according to Chicago Business. He also reportedly paid $2.1 million in legal fees. Today, the pair still communicate, and Jordan is happily married to Yvette Prieto.

Was Michael Jordan married during his first marriage?

Jordan has already said he expects unflattering details about his life to be revealed. Whether that includes delving deeply into Jordan’s first marriage remains to be seen. Jordan and Juanita Vanoy married in 1989, separated in 2002, and announced their divorce in 2006.

What happened to Michael Jordan's wife Juanita Vanoy?

Michael Jordan and Juanita Vanoy filed for a divorce in 2002 after being married for almost two decades. The couple tried to sort out their differences for four years before issuing a statement about their separation in 2006.

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How much does Michael Jordan have to pay his ex wife?

Michael Jordan And Juanita Vanoy's 2006 Divorce Settlement Was One Of The Biggest Ever At That Point. Juanita Vanoy ended up with a $168 million settlement (one of the biggest ever at the time), while Michael Jordan was also on the hook for more then $2 million in legal fees.

How much did Michael Jordan pay in alimony?

“Michael Jordan demanded a prenup to protect his $650 Million from Yvette Preito!”: When Bulls legend learned his lesson from the $168 million divorce settlement with Juanita Vanoy. This may be a fairly obvious thing to say, but Michael Jordan is very much a man of money.

Who has the most expensive divorce?

Jeff BezosJeff Bezos's divorce in 2019 from MacKenzie Bezos; is the most expensive divorce with MacKenzie Bezos getting $38 billion ($40.3 billion inflation adjusted). Alec Wildenstein's divorce in 1999 from Jocelyn Wildenstein; $3.8 billion ($6.2 billion inflation adjusted).

What celebrity pays the most in spousal support?

Top 10 Highest Alimony PaymentsAmy Irving & Steven Spielberg — $100 million.Kevin Costner & Cindy Silva — $80 million. ... Kenny & Marianne Rogers — $60 million. ... James Cameron & Linda Hamilton — (more than) $50 million. ... Michael & Diandra Douglas — $45 million. ... Ted Danson & Casey Coates — $30 million. ... More items...•

How much did Michael Jordan’s divorce cost him?

Michael Jordan will present Kobe Bryant for posthumous enshrinement into the Naismith Memorial Basketball Hall of Fame https://t.co/ITmQl6EwoE

When did Michael Jordan join the Chicago Bulls?

After playing in college for years, Jordan joined the Chicago Bulls in 1984 as the third overall draft pick.

What was Michael Jordan's style of play?

From there, it was a straight shot to the top for Jordan, who quickly made a name for himself for his aggressive, entertaining playing style. He became a crowd favorite, and by the late ’80s, he was one of the league’s most decorated players.

Did Michael Jordan ever appear in Space Jam?

Everyone knew Jordan’s name and face — even those who did not follow basketball. His appearance in the 1996 movie Space Jam only served to solidify his status as a pop culture icon, a title that he retains to this day.

Did Michael Jordan and Juanita Jordan divorce?

Ultimately, four years later, Vanoy and Jordan once again filed for divorce, and this time, it proved to be final. “Michael and Juanita Jordan mutually and amicably decided to end their 17-year marriage,” the couple’s lawyers stated at the time. “A judgment for dissolution of their marriage was entered today.

How much did Michael Jordan get divorced from?

Now, of course, Jordan's fortune has multiplied many times over compared to the almost $400 million he was estimated to be worth when Vanoy first filed to divorce, going on to become one of the only pro sports billionaires. The split remains among he most expensive divorces ever, and naturally is also possibly the most expensive in the history of pro sports. In case you were wondering, when Jordan married model Yvette Prieto in 2011, he reportedly did so with a prenuptial agreement.

When did Michael Jordan divorce Juanita Vanoy?

With ESPN's Chicago Bulls documentary, The Last Dance, putting Michael Jordan back into everybody's minds, some are looking back at his divorce from Juanita Vanoy after 17 years of marriage in 2006. The two are said to communicate today and shared custody of their three now grown-up kids, but for a while the split was as contentious as divorces can ...

When did Vanoy divorce?

But in 2002, Vanoy filed for divorce for the first time, and a private investigator named Ernie Rizzo was quoted in the press about Jordan's alleged improprieties.

Who is the most expensive celebrity to divorce?

NEW YORK – Divorce has its price — and no celeb, it appears, knows that better than Michael Jordan. The basketball superstar's split last December from his wife of 17 years, Juanita, is No. 1 on Forbes.com's list of "The 10 Most Expensive Celebrity Divorces."

How much did Steven Spielberg pay his wife Amy Irving?

Steven Spielberg comes in third for paying his ex-wife Amy Irving an estimated $100 million, which was then half his fortune, when they divorced in 1989. The Oscar-winning director is now worth $3 billion.

When did Michael Jordan get divorced?

Jordan and Juanita Vanoy married in 1989, separated in 2002, and announced their divorce in 2006.

How much money did Juanita Jordan get from her divorce?

That set the table for one of the most expensive divorce settlements ever. Even with their prenuptial agreement in place, Juanita Jordan left with $168 million, the couple’s seven-acre estate and custody of their three children.

How much money did Michael Jordan make when he married Yvette?

Jordan’s fortune was reported to be $650 million by the time he married model Yvette Prieto in 2013. Prieto agreed to a prenuptial agreement much more favorable to her husband. The terms reportedly call for her to receive $1 million for each year married if they divorce.

When did Michael Jordan and Juanita Vanoy get married?

The first of their three children had already been born by the time they married in September 1989.

How much did Michael Jordan make in his career?

The all-time NBA great earned just $93 million on the court, and more than two-thirds of that came in his final two seasons with the Chicago Bulls in the late 1990s. However, anyone who has ever laced up ...

What is the Michael Jordan documentary about?

The multi-part documentary is largely about the peak of Michael Jordan’s career in the 1990s with the Chicago Bulls. Courtesy of trailers and assorted leaks, we already know that the series will explore more than just Jordan’s success on the court.

When did Jordan split for good?

When they split for good at the end of 2006, the basketball star had accumulated a fortune from his line of Air Jordan shoes with Nike and endorsement deals with the likes of Gatorade, Hanes, and McDonald’s.

Who was Michael Jordan's wife?

But, notably, it seems that one of the stories missing is that of Michael Jordan's wife of 17 years, Juanita Vanoy. The pair initially met in 1985 at a Bennigans restaurant in Chicago after a Bulls game.

When did Vanoy and Jordan get divorced?

Soon their family would grow by two: Son Marcus Jordan and daughter Jasmine Jordan. Everything seemed great until Vanoy filed for divorce in 2002.

Who observed Jordan in some compromising situations with half a dozen women over 1992-2002?

The Chicago Tribune quoted private investigator Ernie Rizzo as saying that he observed Jordan in some compromising situations with half a dozen women over 1992-2002, although Vanoy never publicly commented on the claims.

What is missing from The Last Dance?

But, notably, it seems that one of the stories missing is that of Michael Jordan's wife of 17 years, Juanita Vanoy.

Who is Michael Jordan's ex wife?

Jordan’s ex-wife Juanita Vanoy was actually a few years older than her future husband when the two met in Chicago, Illinois. Born in 1959, Juanita is from the Southside of Chicago and was working as a model when she met the basketball superstar.

How many children does Michael Jordan have?

Jordan’s lineage didn’t end with his three children with Juanita Vanoy. Jordan welcomed his fourth and fifth children with his second wife in 2014, when Yvette gave birth to identical twin daughters, Ysabel and Victoria. For the sake of NBA fans across the globe, let’s hope they grow up to carry Jordan’s name on the court.

How Did MJ and Juanita Meet?

Where else does a model meet a basketball star than at a Chicago restaurant? The pair were introduced to each other by a mutual friend in 1985 during Jordan’s second season with the Bulls. Jordan wrote in his autobiography that he admired how Juanita waited for him to notice her instead of gushing over him like most women did at the time.

How long were Michael Jordan and Juanita married?

Jordan and Juanita were happily married for 12 years before they began running into problems. In 2002, they filed for divorce citing “irreconcilable differences” but managed to salvage their relationship for another four years. Then in 2006, the NBA star couple officially parted ways on mutual terms.

What movie did Michael Jordan play in?

His Airness also starred as an actor in the iconic basketball movie Space Jam. Much of Jordan’s Hall-of-Fame basketball career has been viewed under a microscope, including in ESPN’s docuseries “The Last Dance,” which hit Netflix in July of 2020.

When did Michael Jordan marry Juanita?

Four years later in 1989 , Jordan made Juanita basketball’s First Lady when they tied the knot in Las Vegas while their first child, Jeffrey, was still a baby. “I’m happy. It was a big move getting married,” Jordan told The Washington Post at the time. “It helped me mature.”.

Where did MJ play college basketball?

MJ rose to stardom for his ability to hit clutch shots in college at North Carolina and his fierce competitive nature playing for the Chicago Bulls. The superstar hooper launched his own Jordan brand of shoes and clothing under Nike. His Airness also starred as an actor in the iconic basketball movie Space Jam.

How long did Michael Jordan and Juanita Jordan stay married?

A statement from their lawyer read at the time: "Michael and Juanita Jordan mutually and amicably decided to end their 17-year marriage. A judgment for dissolution of their marriage was entered today. There will be no further statements." In the settlement, Vanoy reportedly received $168 million from Jordan, according to Chicago Business ., which referred to the split as "one of the most expensive divorces on record."

Who was Michael Jordan's first wife?

His NBA story starts in 1984, when he was drafted, but his romance with his first wife, Juanita Vanoy, started shortly after, in 1985. The two met through mutual friends and had their first date after a Bulls game at a local Bennigan's restaurant, according to The Washington Post. They wed in a Las Vegas chapel in 1989 — Vanoy then taking Jordan as her last name — and had three children together: Jeffrey, Marcus, and Jasmine.

How much did Michael Jordan pay in child support?

It was reported that he had roughly $860,000 backpay in child support and $50,000 in alimony. 1. Michael Jordan and Juanita Vanoy. Michael Jordan is the GOAT even in divorce settlement. The 6-time NBA champion paid approximately $168 million to his former wife Juanita Vanoy.

Which NBA players have had the most expensive divorces?

Some cost a huge amount of money while others cost more than that—it affected their NBA careers. 5. Kris Humphries and Kim Kardashian. One of the most publicized weddings in the NBA was that of Kris Humphries’ marriage to actress Kim Kardashian.

Why did Shaq divorce?

In Shaq’s biography, “Shaq Uncut: My Story,” he said that infidelity was the main reason for his divorce. The Big Aristotle said, “I was a guy with too many options. Choosing to be with some of those women, well, that’s on me.”

How much did Dwyane Wade pay for his marriage?

Had Dwyane Wade known that his five-year marriage would cost him $5 million in settlement, he might have had second thoughts marrying his high-school sweetheart Siohvaughn Funches. It was estimated that the three-time NBA champion paid an estimate of $10 million in legal fees.

Did Michael Jordan have a prenup?

Learning from his mistakes, Jordan had a prenup agreement in his marriage to Cuban-American model Yvette Prieto. The two have been married since 2013 and has twin girls, Ysabel and Victoria. JUST IN: Warriors’ Draymond Green says pursuit of a 3-peat ‘won’t be perfect’. Related Topics Dennis Rodman Dwyane Wade Kris Humphries Michael Jordan Shaquille ...

Did Dennis Rodman divorce his wife?

Dennis Rodman dealt with divorce the opposite way. Unlike the other players on this list who had the dough to spare, Rodman was dead broke. In 2012, he divorced his ex-wife Michelle Moyer. He was unable to pay her $3,500 monthly for child support. It was reported that he had roughly $860,000 backpay in child support and $50,000 in alimony.

Is NBA divorce tabloid?

It particularly magnifies what they do off the court. Thus, messy NBA divorces easily become tabloid material or as today’s social media world would put it—viral. The five players below had some of the most expensive NBA divorces of all time. Some cost a huge amount of money ...

Who is Michael Jordan's second wife?

Learn Everything About Yvette Prieto: Second Wife of Basketball Legend Michael Jordan. Being the wife of a famous personality is a plus point for someone who wants to shine in Hollywood. And Yvette Prieto has been the luckiest in this category. Yvette Prieto is married to basketball legend, Michael Jordan after he divorced Juanita Vanoy.

When did Michael Jordan give birth?

Michael Jordan and Yvette Prieto gave birth to identical twins on 9th February 2014 in West Palm Beach, Florida. They named their daughters Ysabel Jordan and Victoria Jordan. The news of their birth was confirmed by Jordan’s manager. Speaking to E! News, he told:

How much money did Yvette and Michael get before they got married?

Yvette signed a $50 million prenuptial agreement with Michael before getting married. They took this step for their financial security. As per the agreement, if their marriage lasts for ten years Yvette will receive $5 million per year if they part ways.

What did Michael and Yvette do for their wedding?

The couple cut a seven-layer wedding cake to celebrate their big day. The newlywed Yvette and Michael requested their guests to donate to charity instead of giving them wedding gifts . The couple even donated the flowers used in decoration at their reception venue to Jupiter Medical Center.

Where did Michael and Yvette meet?

The story of Michael and his current wife Yvette Prieto began at a nightclub in Miami. They first met when they were dancing at the nightclub. They caught each other’s eye and liked it at the first glance. The chemistry between the couple sparkled when they started seeing each other more often.

When did Jordan and Prieto get married?

Prieto’s Wedding with Jordan was a Lavishing Affair. The lovebirds tied the knot on 27th April 2013 at Bethesda by the Sea Episcopal Church, Palm Beach, Florida. The wedding was a big affair attended by 500 guests including Robin Thicke and Usher. He invested a whopping $10 million for their wedding ceremony.

Who is the step mom of Jordan's kids?

Prieto keeps her daughters away from the spotlight. The duo is normalizing things for their daughters as they raise them away from the limelight. Besides, Prieto is a stepmom to Jordan’s three children named Marcus, Jeffrey, and Jasmine from his previous relationship with Juanita Vanoy.

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