Exclusive: Iman Shumpert To Pay Teyana Taylor 7 Figures In Divorce Settlement + Pay Her 8k In Monthly Child Support!
Exclusive: Iman Shumpert To Pay Teyana Taylor 7 Figures In Divorce Settlement + Pay Her 8k In Monthly Child Support!
theJasmineBrand (@TheJasmineBrand365) exclusively reports the details surrounding the divorce settlement between actress/singer Teyana Taylor and former NBA star Iman Shumpert have been finalized by a Fulton County judge.
The pair married in 2016 and share two daughters. Teyana Taylor secretly filed for divorce from the former NBA forward in 2023.
Fast forward to today and their divorce has been officially finalized.
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.
We exclusively reported earlier this month court room hearing details, as the pair continued to fight over how to split assets and the custody agreement for their children.
Neither have yet to comment publicly on their divorce settlement.