Many public figures are role models that have fallen from grace. In some cases, that fall is quickly followed by massive divorce settlements to their spouses. Here are some examples of professional athlete marriages that ended in high asset divorces and undoubtedly wishes for a prenuptial agreement.
— Michael Jordon: “Air” Jordon is at the top of the list when it comes to professional athletes and divorce settlements. When the divorce was final in 2007, his wife got a settlement of $168 million.
— Greg Norman: The Australian golfer left his wife to marry Chris Evert, the former tennis star. Evert left her husband, Andy Mill, a downhill skier. Norman and Evert were married and then divorced 15 months later. Norman had paid out $104 million to his first wife, with whom he had been married to for 25 years.
–Tiger Woods: Few people are not familiar about Tiger Woods and his infidelities or his wife’s alleged attack with a golf club. However, they might not be as familiar with how much their divorce settlement was for — $100 million for Elin Nordegren. His golf game is not at all what it used to be and he lost many sponsors, too.
High asset divorces require a very experienced attorney. From asset and property valuations to looking for hidden assets, there are often many facets of a divorce that are only found when the marital estate is worth a lot of money.
An experienced lawyer can help you fight for what you rightfully deserve. In addition, you might be better off if you put a prenuptial or post-nuptial agreement in place. Your attorney can also provide you with guidance on how those legal documents can protect you.
Source: Time, “These Pro Athletes Paid More Than $10 Million to Divorce Their Wives,” Jan. 21, 2016