Michael Jordan’s prenuptial agreement could make Yvette Prieto over $50 million if the marriage lasts 10 years
Michael Jordan’s marriage to long-time girlfriend Yvette Prieto, could make her a very rich women even if the marriage were to fall through. Of course she’s not entitled to all of MJ’s assets thus a prenuptial agreement was signed as expected. The details of the agreement are said to be “airtight” but several news outlets have reported that Yvette will make $1 million dollars for every year that they are married and $50 million if their marriage lasts longer than 10 years.
Via Hello Beautiful:
Basketball legend Michael Jordan married Yvette Prieto in a star-studded wedding with approximately 2000 guests. It has been reported by several news outlets that Yvette has signed an “airtight” prenuptial agreement, entitling her to $1 million dollars for every year that they are married and $50 Million if their marriage lasts longer than 10 years.
Michael Jordan is worth more than $650 million dollars. In most jurisdictions, upon divorce, a spouse can petition the court in the divorce proceedings for half of the marital property accrued from the time they were married until the date of separation. Michael Jordan has gained most of his wealth prior to marrying Ms. Prieto, so she more than likely would not be entitled to collecting on his pre-marital assets, but could stand to gain a portion of the assets “they” accrue while married. It is safe to assume that as we see lines for days of young people at shoe apparel stores, Michael is still making a pretty penny from his Jordan brand.
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