Grab your popcorn because it’s time to spill the tea on the latest celebrity divorce drama! Ex-NBA star Iman Shumpert and his wife, singer Teyana Taylor, are calling it quits and the details of their divorce settlement have everyone talking.
According to reports, Shumpert has been ordered to pay Taylor a whopping seven figures as part of their divorce settlement. That’s right, seven figures! Now, we don’t know the exact amount but it’s safe to say that Taylor is walking away from this marriage with a pretty hefty sum.
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But that’s not all – Shumpert will also have to shell out $8K a month in child support for their daughters. Now, that may sound like a lot of money to us regular folks, but for a guy who made millions in the NBA, it’s probably just a drop in the bucket.
In the judge ruling, obtained by theJasminBrand, Teyana Taylor has been entitled to retain four key marital properties. These properties, which has an estimated value of over 10 million dollars, are understood to be significant assets from their shared estate. Iman Shumpert has also been ordered to make a one-time 7 figure payment to Teyana Taylor.
Meanwhile, Iman Shumpert will keep his luxurious Miami condo, he’ll also retain ownership of his South Georgia Compound and Decatur, Georgia Compound.
A notable aspect of the settlement is the monthly child support payment. Shumpert is required to pay $8,000 per month in child support. The court has also mandated that Shumpert cover 100% of the private school fees for both of their daughters.
In terms of personal property, Taylor has been awarded a collection of vehicles including a Maybach, a Mercedes Sprinter, a tour bus, and her prized Bronco truck. Taylor also retains all her jewelry.
A critical component of the settlement is Taylor’s retention of 100% ownership of her companies, Taylormade and Auntie’s, which will remain hers.
Meanwhile, Shumpert will keep all his Shumpert Shump investments as revealed during the trial. While the specifics of these investments were not disclosed publicly, they likely include a diverse portfolio spanning across various sectors.
In the meantime, we’ll just have to wait and see if any more juicy details emerge about this high-profile divorce settlement. Until then, let’s just sit back, relax, and enjoy the spectacle of celebrity drama unfolding before our eyes. Cheers to the end of an era and the beginning of a new chapter for Iman Shumpert and Teyana Taylor!
Flip the pages for photos of Teyana Taylor.
