Michael Jordan's record $168 million divorce settlement forced strict prenup with Yvette Prieto
Tired of too many ads? go ad free now
This major financial hit didn't just stay in the past. It had a lasting impact on how Jordan approached his next marriage, including a strict prenuptial agreement.
Michael Jordan paid Juanita Vanoy around $168 million after their divorce
Great basketball player Michael Jordan and his ex-wife, Juanita Vanoy decided to end their 17-year marriage in 2006. Married in 1989, they had three kids together. Michael is said to have provided Juanita around $168 million in the divorce settlement when they parted their ways.
He also gave up their Lake Shore Drive mansion and shared custody of their kids. At the time, this was one of the largest divorce deals in sports history.
This payout came right after his final retirement from basketball. It cost him about one-third of his net worth. The high settlement shocked many fans and became part of public conversations about athletes and money.
Michael Jordan's next marriage to Yvette Prieto came with a tight prenup
In 2013, Jordan married Yvette Prieto, a Cuban-American model.
They met in Miami and welcomed twin daughters soon after. Unlike his first marriage, Jordan insisted on a strong prenuptial agreement. The deal reportedly gives Prieto $1 million a year if they stay together, or $5 million a year if they remain married for over ten years.
That prenup followed the huge payout to Vanoy. Experts say it reflects lessons Jordan learned the hard way. He saw firsthand how a divorce can drain even vast wealth.
Tired of too many ads? go ad free now
Legal analysts describe his prenup as common among wealthy individuals, designed to protect both parties.
Michael Jordan's wife, Yvette Prieto, stuns in bikini as couple vacations in France (Image Source: X)
Also Read:
'
This story shows how big events can change how famous people handle love and money. Jordan's large settlement forced him to rethink his future relationships. Now, his second marriage has legal protections built in. It shows that even for legends, personal choices come with serious consequences and careful planning.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
5 hours ago
- Hindustan Times
Watch: Mark Zuckerberg continues surfing tradition on 4th of July, but with a twist
Meta CEO Mark Zuckerberg continued his wake surfing tradition on July 4, the day the United States celebrates its Independence Day. While he kept the tradition going, it came with a twist this time. Mark Zuckerberg seen wakesurfing on 4th of July (Instagram@zuck) The businessman usually wakesurfs holding the American flag, but this time, he wore it, literally. He shared a video of himself on the waves, wearing an inflatable suit with the US flag printed on it. "Happy 4th of July! us," he captioned it. In the video, someone can be heard asking, "Is this the stupidest thing we've done so far," before Zuckerberg hops on to the surfboard. Zuckerberg's clip is going viral on the internet, with many drawing parallels with the videos of his previous 4th of July routines. In 2024, the Meta CEO did wakesurfing wearing a tuxedo, holding a flag of the United States in one hand, and a can of beer in another. Before that in 2021, he rode the surfboard in slippers, holding the US flag, with a scenic view in the background. While many cheered the clip of Zuckerberg's surfing from this year, others also criticised his stunt. "I want my freedom and independence from these lunatic billionaires. Mark Zuckerberg celebrates July 4th like a 5-year-old," a user wrote on X. "Quick check on Mark Zuckerberg's annual 4th of July wakeboarding cringe fest," wrote another, sharing the clip. However, many also heaped praise on the Meta CEO, saying he "raised the bar" this time. An X user also termed him the "official mascot of America". The US is celebrating its 249th Independence Day on July 4th this year. The country got its independence on July 4, 1776 and the day is a federal holiday every year.
Time of India
5 hours ago
- Time of India
James Corden reveals Rihanna was responsible for getting him on board "The Smurfs'
Popular American television host and actor revealed that it was , who was responsible for getting him on board "The Smurfs" movie. Corden said that he received a surprise message from Rihanna. Tired of too many ads? go ad free now "I got a voice note from Rihanna on my phone, which had never happened to me before or since. She said, would you come and be in this Smurf movie? Would I? I was so blown away. And that is the whole story of how I came to play No Name," he remembered. Corden has lent his voice to Smurfette's closest friend and emotional anchor - No Name - who was described as the heart and soul of the story by director Chris Miller. Talking about his character, Corder stated, "In the Smurf world, he is completely lost. For him, the film is about his quest to discover his purpose. Smurfette is his ally and confidante, the person who tells him that he is going to be okay. She gives him some tough love at points. And she's also a brilliant singer, Rihanna." Sharing what it was like singing alongside Rihanna, the television host called it "a no small task". "When I was in the studio with Rihanna and her producers, it was hard not to feel like somebody made a huge mistake," Corden added jokingly. Corder further shared his excitement about being a part of the pop culture's most iconic franchises. "I reckon wherever you are in the world, you could show a picture of a Smurf to people and more than half of them would recognize it. It's a phenomenon that has lasted an incredibly long time and retained its relevance. I'm very honored to be part of it," he reflected. Meanwhile, speaking about donning multiple hats in "The Smurfs" Rihanna added, "It was invigorating and exciting for me to not only embody a character but also bring my musical life into the mix. We worked with music producers and choreographers whose work I admire. To put those two worlds together was a win-win for everyone. It pushed us all to challenge our artistry". "The Smurfs" will be released in India by Paramount Pictures India on 18th July in both English and Hindi.
Time of India
6 hours ago
- Time of India
How rich was Julian McMahon? Here's what the 'Nip/Tuck' and 'FBI: Most Wanted' star left behind
Julian McMahon , the American-Australian actor known for his roles in Nip/Tuck , Charmed, and FBI: Most Wanted , died on July 2, 2025, at the age of 56. He passed away with an unmatched legacy of genre-defining performances that spanned television and film. Born on July 27, 1968, in Sydney, McMahon was the son of former Australian Prime Minister Sir William McMahon. After briefly studying law and economics, he transitioned into modeling, working in major fashion hubs like Milan and New York before moving to acting. His early television breakthrough came on the Australian soap Home and Away, eventually leading to roles in American shows like Profiler and the cult hit Charmed, where he played the fan-favorite demon Cole Turner. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 years of commitment to sustainability and innovation Acciona Undo McMahon's most iconic role was the brilliant yet morally complex Dr. Christian Troy in FX's Nip/Tuck. He later starred as FBI Special Agent Jess LaCroix in FBI : Most Wanted, showcasing his range from villainous to heroic characters. Known for his charisma, versatility, and screen presence, McMahon earned respect from fans and industry peers throughout his decades-long career. Live Events He was married three times, first to Australian pop star Dannii Minogue in 1994, though their marriage lasted just over a year. He later married actress Brooke Burns in 1999, with whom he had a daughter, Madison, born in 2000. That marriage ended in 2001. In 2014, McMahon married Kelly Paniagua, a writer and model, and the two remained together until his passing. Julian McMahon's Net Worth? At the time of his death, McMahon's net worth was estimated at $16 million, according to Celebrity Net Worth and The Richest, although the exact number is not publicly revealed. Much of his wealth stemmed from his acting earnings, but he also made strategic real estate investments. In 1997, he purchased a home in Los Angeles' Hollywood Hills, just beneath the iconic Hollywood sign, for approximately $712,000. As reported by Urban, he sold the property in 2015 for $2.18 million, making a profit of around $1.5 million. He also reportedly held real estate assets in his native Australia.
