Chicago, IL- Miami Heat Superstar Dwayne Wade has finally reached a divorce settlement with his high school sweetheart Siohvaughn Funches-Wade after a six year-long contentious divorce battle.
The settlement was approved by a Cook County Circuit Court Judge on July 16th.
Under the terms of the settlement, Funches-Wade will receive a $5 million settlement which includes possession of the couple’s mansion, four cars and $300,000 a year in a spousal support.
Just three days after the settlement was awarded, Funches-Wade appeared on the street outside Daley Center with a hand written sign which read, “NBA Miami Heat star, mother of his children on the streets.”
“Mr. Wade has provided a very generous settlement to Ms. Funches to continue to live a wonderful lifestyle for the rest of her life,” Wade’s lawyer James Pritikin said in a statement released to The Daily News.
“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, four cars, insurance, taxes and all of her attorney fees throughout this process,” Pritikin said.
Despite of her generous settlement, Funches-Wade told local Chicago station WLS that she has been advised by her attorneys to hire a bankruptcy attorney and also claims she took care of herself and her two children with her savings.
Her attorney Brian Hurst said his client did not agree to all parts of the settlement and is exploring other legal options. However, the judge presiding over the case determined she had agreed to the settlement terms and allowed the judgment to stand.
The couple were married in 2002, but split up in 2007. In 2010 their divorce was finalized and in the following year Wade was granted sole custody of their two sons Zion and Zaire.
During the six-year divorce battle Funches-Wade has gone through sixteen attorneys and has been arrested twice. In June, she was arrested when she failed to return her two sons to Wade’s sister’s house after a visit, as a court order dictated. She was charged with two counts of attempted child abduction, two counts of unlawful visitations interference, and one count of resisting arrest.
Funches-Wade’s sit-in outside the court along with the June arrest has made Wade’s attorney question her mental state. Pritikin described her behavior as “erratic” and “unstable.” As a result, visitation with her two sons will have to be determined by the courts.
The divorce settlement also includes a “non-disparage” agreement which prohibits either of them from saying disparaging things about one another to the press. Pritikin explained that they have not determined exactly what the disparaging remarks would be but it would extend to Wade’s family and his girlfriend actress Gabrielle Union. Breaking the non-disparage agreement would result in a fine.
After the judge said the settlement could stand on Monday, Funches-Wade emerged from the court, telling reporters, ““My voice isn’t for sale, my story isn’t for sale, no thank you.”