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Dwyane Wade to pay ex-wife $5 million in divorce settlement

By Royce Young | NBA writer

Dwyane Wade will pay his ex-wife Siohvaughn Funches-Wade a divorce settlement of $5 million a judge decided Monday.

Via the Chicago Sun-Times:

The settlement also includes a “non-disparage” agreement in which each party must refrain from making disparaging remarks about the other.

Funches-Wade also will receive the couples' former mansion in South Holland and four cars.

Brian Hurst, an attorney for Funches-Wade, argued that his client never fully agreed to all the provisions in the settlement, including the “non-disparage” provision. But Cook County Circuit Court Judge John Thomas Carr decided both parties did agree on the deal and he found the settlement valid, effectively ending a six-year divorce proceeding that has drawn national attention.

Exactly what will constitute a disparaging remark still needs to be hammered out, but Wade's attorney, James Pritikin, expects violation of the terms would result in a fine. Pritikin said protection from disparaging remarks also would extend to Wade's family members, as well as his girlfriend, actress Gabrielle Union.

Outside the courtroom Monday, Funches-Wade expressed her displeasure with the decision. “My voice isn't for sale, my story isn't for sale, no thank you.”

Dwyane Wade did not attend the hearing, according to the report.

Funches-Wade sat outside of the Daley Center with a cardboard sign that said "NBA Miami Heat star, mother of his children on the streets." The reason for that being her claim that Wade had not been paying his $25,000 a month in spousal support, which his attorney denied in a statement.

"Dwyane Wade has made several requests over the years to settle this matter, despite Ms. Funches having 16 different attorneys and 2 arrests throughout this process," Prtikin, the attorney, said. "Mr. Wade has provided a very generous settlement to Ms. Funches to continue to live a wonderful lifestyle for the rest of her life. Despite false allegations by Ms. Funches claiming to be ‘homeless' and ‘destitute,' Dwyane Wade has maintained over the years financial support to his ex-wife by providing her with income over $25,000 on a monthly basis, timely paid for her home mortgage, maintenance and security at the house, 4 cars, insurance, taxes and all of her attorney fees throughout this process."

The couple married in 2002 and has two sons, Zion and Zaire. Wade filed for divorce in 2007, with it being finalized in 2010. In 2011, Wade was awarded sole custody of their kids.

 
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