The NBA legend Michael Jordan has displayed his on-court skills and revolutionalized basketball throughout the globe. However, he is not only famous for his legendary basketball career but also his marriage and love life.
He was married to Juanita Vanoy for almost two decades before calling it quits. The two had to undergo a highly publicized divorce, and every move of theirs made it to the headlines. Notably, their divorce settlement has grabbed the attention as being the most expensive in history. However, whether Jordan moving towards another expensive divorce is something that time will tell.
Michael Jordan and wife Juanita Vanoy ended their 17-year marriage in 2006. In the settlement, she won $168 million, the seven-acre estate in Chicago, and custody of their three children. One of the largest settlements in sports history. She was notably missing from #TheLastDance pic.twitter.com/tJljXaNe2p
— Twisted History (@twistedhistory) May 28, 2020
The world witnessed Jordan walking down the aisle for the second time, with the breathtakingly beautiful Yvette Prieto. While this might have seemed like a bad move after getting his pockets hurt with a huge divorce settlement, However, Jordan is prepared.
Their marriage has now spanned a decade, and the couple has seen both love and fortune flourish. Having been through a hefty $168 million divorce settlement in his first marriage to Juanita Vanoy, Jordan ensured he didn’t repeat history with Prieto.
Michael Jordan had to pay Juanita Vanoy $168 million as a divorce settlement
Jordan and Prieto have signed a prenuptial agreement. Which was designed to be fair while protecting the Bulls star’s significant assets. The prenuptial terms, shrewdly formulated by Jordan, lay out a financial safeguard for both of them.
Should a divorce occur within the first decade of their marriage, which hasn’t been the case, Prieto would stand to receive $1 million each year. Furthermore, after the ten-year mark, the amount will be jumped to $5 million.
Wedding picture alert! Michael Jordan is a married man. New wife Yvette Prieto. #HisAirness #TiedDown @chicagobulls pic.twitter.com/T3ga9278cG
— Dawn Hasbrouck (@DawnHasbrouck) April 29, 2013
Only if Jordan had made the same decision with Vanoy, he could have saved himself quite a money. Interestingly, their son Marcus Jordan also revealed that the amount of $168 million isn’t an accurate representation.
Even if Prieto and Jordan divorce each other anytime soon, the amount still won’t be near the staggering $168 million that Jordan’s first wife received. Although Jordan has revealed how Prieto has changed him and how he surrendered in front of her.
However, with the unexpected waves that seem to always shadow the NBA players, one cannot predict what will happen between the two years down the lane.
Looking back at Jordan’s previous marriage to Vanoy, it’s clear how life’s lessons can reshape one’s approach. Without a prenup, the $168 million divorce settlement stung financially. It’s this costly lesson that has shaped his careful and strategic planning for his marriage with Yvette Prieto, ensuring he’s better prepared for any uncertainties.
