Former New York Knicks guard Iman Shumpert has officially finalized his divorce settlement with his wife, Teyana Taylor. This marks the end of their seven years of marriage. The couple reached this decision with the guidance of a Fulton County judge after Taylor filed for divorce privately in 2023.

However, the complete details of their jaw-dropping divorce settlement have finally surfaced, and it’s too much to comprehend. According to the reports, Taylor will receive four houses valued at over $10 million and a seven-figure payout. Additionally, her assets include several luxury vehicles, such as a $300,000 Maybach, a $70,000 Mercedes Sprinter, and a tour bus.

Not only that, Teyana will also retain full ownership of her various companies, ensuring her financial independence moving forward. The couple shares two daughters from their marriage. As part of the agreement, Shumpert is required to pay $8,000 per month in child support for their children’s expenses.

He is also responsible for covering the private school tuition for their kids. While his wife gets a substantial sum out of his corpus, Shumpert will keep his condo in Miami and properties in South Georgia and Decatur. Both parties have managed to hold onto their personal assets, including cars and jewelry.

Also Read: Iman Shumpert Flames LeBron James, Says He “Knows He Ruined Basketball” (VIDEO)

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Why Did Iman Shumpert And Teyana Taylor Separate After Marrying For A Decade?

Before it all started to fall out, Iman Shumpert and Teyana Taylor were married for almost a decade since 2016. During her filing of the divorce petition, Teyana cited Iman’s jealousy and insecurity surrounding her fame as major factors in their separation.

Despite being a successful NBA player, he struggled with feelings of inadequacy. According to TMZ, the former NBA player often felt overshadowed by Teyana’s rising star in the entertainment industry. According to the reports, this situation created a rift, as Teyana found herself intentionally dimming her own light to maintain peace in their relationship.

As Iman’s career began to wind down, Teyana felt increasingly manipulated and controlled, which took a toll on her mental well-being. Reports revealed that Iman frequently sent condescending messages and picked fights over trivial matters, sometimes even on special occasions like her birthday.

Teyana attempted to prioritize their family and Iman’s career and said to turn down work opportunities. However, Iman later voiced disappointment when she didn’t contribute financially after having children.

Despite efforts to reconcile, Teyana ultimately realized that their marriage was “irretrievably broken.” Her experiences of emotional and mental abuse, coupled with Iman’s involvement in infidelity, made her choose to seek a better environment for herself and their children.

Also Read: Iman Shumpert’s Wife Slams Rumor That He Got Porn Star Pregnant During Threesome (TWEET)