Tuesday, November 13, 2007

Want To Be Like Mike? Not Today, You Don't.


Michael Jordan is a single man again after his divorce settlement with wife Juanita (Jordan still?). And just what did that divorce cost his Airness?

$168,000,000.00

Yes, that's $168 million, and yes, that's a lot of money. But it could have been worse.

Amazingly, Jordan and Juanita signed a prenuptial agreement that entitled her to half of his estate, but she opted to only take 1/3. Now I don't know what the law was back in 1989 when they first got hitched, but why anyone would make an agreement to give away half of their estate (the exact reason people don't like getting married in California) is beyond me. I presume to end this as quickly and amicably as possible. From that perspective, Jordan got a deal.

Juanita's a smart woman so I'm sure she'll do something smart with the money. She gets the seven-acre estate in Chicago and custody of the chil'run.

And what do YOU have to be thankful for this holiday season?

1 comment:

Unknown said...

I knew Jordan was married and divorced, but who knew it was to and from Michael Jackson.