Miami Heat SG Dwyane Wade Reaches Financial Seattlement With Ex Wife

Discussion in 'Basketball Talk' started by Sportsguy, Jul 23, 2013.

  1. Sportsguy

    Sportsguy AKA-Sportsguy9695

    After six years and a messy battle that became public, Dwyane Wade and his ex-wife have reached a financial divorce settlement, the Miami Heat star's attorney announced on Monday.

    Wade will pay his ex-wife $5 million and there is a non-disparage agreement in the settlement, the Chicago Sun-Times reported.

    Siohvaughn Funches, Wade's ex-wife, grabbed attention last week when she protested outside a Chicago courthouse with a sign that implied she was homeless because of a lack of support from Wade.

    "Ms. Funches has made a mockery of homelessness which is a serious and personal issue for Mr. Wade as his mother was homeless for a period of time when he was a child," Wade's attorney, James B. Pritikin, said in a statement.

    Wade initially filed for divorce from Funches, who is the mother to his two sons, in 2007. Wade won a separate long court battle in 2011 to get full custody of his children with him in Miami.

    Pritikin said Wade has been providing $25,000 in monthly support for Funches, paying for a mortgage, four cars, insurance, taxes and attorney fees.

    Source: ESPN