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The Most Expensive Divorces of NBA Players

nba contract divorce

Despite their wealth, fame, and everything that comes with it, divorces of NBA players happen more often than you think, and these athletes often suffer financial and emotional setbacks during those splits. 

This article explores the costly divorces of stars like Shaquille O’Neal and Dwyane Wade. We examine their tough negotiations with ex-partners.

Some couples split quickly, while others stayed married for years before facing hefty settlements. We reveal these high-profile divorces of NBA players, their toll on them, and the reasons behind their final breakups.

Michael Jordan and Juanita Vanoy

Exploring one of the NBA’s largest divorce settlements, we focus on Michael Jordan and Juanita Vanoy. Their marriage, beginning in 1989, was a major ’90s highlight. They had three children and were a prominent NBA couple for 17 years.

Their union faced challenges, with an initial divorce filing in 2002 and a final split in 2006.

michael jordan divorce settlement

Jordan’s vast NBA and endorsement earnings led to a hefty settlement. Juanita received a staggering $168 million, one of sports’ largest at the time, their Chicago estate, and custody of their children.

Despite this setback, Jordan bounced back in his career and personal life. The Jordan-Vanoy divorce remains one of the NBA’s most costly, highlighting the risks of fame, wealth, and marriage.

Shaquille O’Neal and Shaunie O’Neal

Shaquille O’Neal’s divorce from Shaunie took four years and cost him $50,000. A prenuptial agreement played a key role. Without it, Shaq might have owed $200 million, especially if the divorce had been filed in California.

nba players divorce

The couple, parents to two sons, finalized their divorce in 2011. They have maintained an amicable relationship. 

Shaquille O’Neal, a legendary NBA figure, played for teams like the Los Angeles Lakers and Miami Heat. He’s often compared to other great centers and had a notable NBA Championship run with Dwyane Wade. 

Shaq remarried in 2012, tying the knot with Nicole “Hoopz” Alexander.

Beyond basketball, Shaq is a successful entrepreneur. He has endorsed various products and invested in golfer Greg Norman’s company, marking his entry into the professional golf business world.

Dwyane Wade and Siohvaughn Funches

Dwyane Wade filed for divorce from Siohvaughn Funches in 2007, which concluded in 2013.

The settlement cost Wade five million dollars. They also fought for custody of their sons, Zaire and Zion, with Wade ultimately gaining full custody.

The divorce was costly for Wade, totaling $15 million, including $10 million in legal fees. 

Despite these challenges, he found comfort in fatherhood and providing for his sons, who are now integral to his legacy. Wade often expresses gratitude for them.

biggest nba divorce settlements

This high-profile divorce set a benchmark in the NBA for the financial and personal impact of such splits on players.

Kris Humphries and Kim Kardashian

Kim Kardashian filed for divorce from Kris Humphries in October 2011 after just a 72-day marriage, citing irreconcilable differences. 

Humphries, at the time playing for the New Jersey Nets, sought a $7 million payout and legal fees, but ended up not receiving any settlement. Both parties had to cover their legal costs.

The divorce details remained private, and it appears Humphries didn’t get his requested $7 million. 

This process stretched until 2013, lasting 1.5 years.

contract divorce nba

This high-profile divorce, marked by intense media attention, served as a warning to NBA players. It significantly affected Humphries’ career and reputation. 

The Kardashian family also gained considerable spotlight due to the divorce’s prominence and cost. This case highlights the profound impact high-profile divorces can have on all involved parties.

Allen Iverson and Tawanna Turner

Allen Iverson and Tawanna Turner’s divorce, filed in 2011, was concluded by 2013. 

Turner received $32 million in alimony, and Iverson paid a $3 million lump sum, other assets, and a portion of his future Reebok endorsement earnings.

divorced nba players

The financial impact on Iverson was significant. He paid a substantial amount of money, assets, future earnings, and child support. This financial strain affected his career, leading to a decline in his focus and performance.

Their divorce ranks among the NBA’s most costly, and damaging to the player’s career.

Impact of Divorce on Players

Divorces of NBA players significantly affect them, impacting their finances, lifestyle, and mental health. 

They face potential losses in assets, property, income, alimony, and child support. Adjusting to new living conditions, custody arrangements, and social circles is also challenging.

Psychologically, divorce can lead to depression, anxiety, stress, and reduced self-confidence in players. These issues can spill onto the court, affecting their performance drastically.

Divorce is a costly and emotionally taxing experience for NBA players. Fans should recognize its financial and emotional toll on players, including the risk of domestic abuse in high-profile cases.

It’s crucial to remember that NBA players are human and divorce can leave a lasting impact on their lives.

Final Thoughts

These examples of divorces of NBA players serve as a caution to active and retired stars. Divorce can cost millions and cause emotional distress and credibility issues. 

The process, involving child support and asset division, can be financially and emotionally draining, especially for players with significant wealth.

This article is a reminder of the serious implications of divorce. It advises careful consideration before marriage, whether for celebrities or others. With proper legal guidance, some can navigate divorce better than others. However, a wrong decision can be costly, a crucial point to remember.

Frequently Asked Questions

What is the largest athlete divorce settlement?

Michael Jordan’s divorce from Juanita Vanoy still holds this record. In 2006, the NBA legend paid Vanoy $168 million to end their 17-year marriage, plus $2.1 million in legal fees. Athlete divorces can be costly, especially for the wealthy.

Who had the most expensive divorce settlement?

Jeff Bezos holds this record with his divorce from MacKenzie Scott. The Amazon founder settled for an astounding $38.3 billion in 2019, ending their 25-year marriage.

Sources
1. sportskeeda.com – 5 NBA stars who had the most expensive divorce settlements
2. cheatsheet.com – The 5 Most Expensive Divorces in NBA History
3. manofmany.com – 10 Most Expensive Divorce Settlements in History
4. cnbc.com – 11 Costly Sports Divorces