Theballerlife.com has learned that NBA Hall of Famer Michael Jordan allegedly had his soon-to-be wife Yvette Prieto sign a prenuptial agreement to protect his estimated $650 million fortune.
According to the Daily Mail, the National Enquirer is reporting that the prenup will protect nearly all of the sports star’s $650million fortune.
‘Michael loves Yvette, but he won’t let that interfere with his common sense – and his money – like it did before,’ a source allegedly told the publication.
The 50-year-old star and his bride-to-be, who will apparently tie the knot on April 27, will each keep the assets that they bring to the marriage, it has been reported.
Should the couple end up divorcing, Yvette will allegedly receive $1million for every year that they were married.
If the marriage lasts for 10 years, she will receive $5million per year if they split up.
But the Cuban-American model, 33, reportedly is ‘OK with the agreement,’ because she doesn’t believe the prenup will ever come into play.
‘She feels they have a strong relationship. She can’t imagine that they’d ever split up!’
The insider added: ‘Yvette knows Michael was once a serial cheater, just like his buddy Tiger Woods. ‘But she believes Michael has sown his wild oats and only has eyes for her now. They’re both very happy and looking forward to the wedding.’
In case you did not know, Michael and his ex-wife Juanita Vanoy had no prenuptial agreement, and she walked away from their marriage in 2006 with $168 million dollars, their shared Chicago mansion and custody of the couple’s three children.
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