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Michael Jordan’s Wife Gets A Hefty Payday Each Year From Their Prenup

The prenup between Michael Jordan and Yvette Prieto not only guaranteed her $1 million per year should they call it quits, but that amount would increase to $5 million per year after 10 years of marriage. Both the NBA Hall of Famer and his second wife felt comfortable with the terms of their prenup. “Michael loves Yvette, but he won’t let that interfere with his common sense — and his money — like it did before,” a source told the National Enquirer in 2013, according to the Daily Mail. Prieto had no issue signing the paper. “She can’t imagine that they’d ever split up!” the insider added.

Part of Prieto’s confidence in the marriage came from the sway she had in the relationship. When they were engaged, the former model convinced Jordan to drive her seven hours so she could visit his hometown. “It’s amazing what women can talk you into doing,” Jordan told ESPN for a feature story in 2013. Jordan was not the only celebrity to sing Prieto’s praises, as she had a relationship with Julio Iglesias Jr. before meeting her husband. “Aside from her beauty, which is obvious, she is loving, simple and very good person,” Iglesias told Hola! about Prieto.

Protecting his assets became even more important to Jordan as he sold his stake in the Charlotte Hornets in August, and his net worth skyrocketed to $3.5 billion. Originally, Jordan had planned on having a prenup with his first wife, but those plans fell through.

Read More: World News | Entertainment News | Celeb News

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