Iman Shumpert to pay Teyana Taylor 7 figures, $8K monthly child support
In a significant ruling obtained by theJasmineBrand, NBA star Iman Shumpert has been ordered to make substantial financial settlements in his divorce from singer and actress Teyana Taylor. The court’s decision requires Shumpert to pay a one-time, seven-figure amount to Taylor. In addition, he’s ordered to pay $8,000 per month in child support for their two daughters. Additionally, Shumpert is responsible for covering 100% of their private school fees.
As part of the settlement, Teyana Taylor will retain ownership of four key marital properties valued at over $10 million. These properties are considered significant assets from their shared estate. In contrast, Shumpert will keep his luxurious Miami condo. In addition, his South Georgia and Decatur, Georgia compounds.
Taylor has also been awarded several vehicles. They include a Maybach, a Mercedes Sprinter, a tour bus, and her prized Bronco truck. Also, she retains all her jewelry and 100% ownership of her companies, Taylormade and Auntie’s.
Shumpert, on the other hand, will retain all his investments under Shumpert Shump, which likely includes a diverse portfolio across various sectors, though specific details were not publicly disclosed during the trial.
The ruling highlights the significant financial and asset arrangements involved in the high-profile couple’s divorce, reflecting both parties’ substantial contributions and stakes in their shared estate.
Source: TheJasmineBrand
Iman Shumpert to pay Teyana Taylor 7 figures, $8K monthly child support
