Dwayne Wade reaches $5 million divorce settlement agreement

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Miami Heat star Dwayne Wade will be forced to pay his ex-wife a $5 million divorce settlement, a court ruled today.

Wade separated from high school girlfriend Siohvaughn Funches-Wade in 2010, having been married in 2002.

A long and bitter separation ensued, with Wade winning custody of his two sons Zaire Blessing Dwyane and Zion Malachi Airamis.

Now a judge has ruled the 31-year-old must cough up $5 million as part of a divorce settlement, which also included non-disparage” agreement which means the pair cannot publicly criticise one another.

Funches-Wade will also receive the pair's South Holland mansion and four cars.

Cook County Circuit Court Judge John Thomas Carr judged that Funches-Wade had agreed with Wade, who wasn't in attendance, on the "non-disparage' clause, despite her attorney arguing otherwise.

The couple's feud threatened to rumble on after Funches-Wade wore a cardboard sign reading: "NBA Miami Heat star, mother of his children on the streets" outside the Daley Center recently having accused Wade of not paying $25,00-per-month in spousal support.

Wade's attorney James Prtikin issued a statement in retaliation, saying: "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.

"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."


Miami Heat

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