Michael Jordan is engaged to be married once again, but he does not intend to let his wallet take a beating for it this time around. Well, he might be shelling out a small fortune for the arrangements, but it sounds like His Airness will not be giving up half of his bank account and assets if things don’t work out between him and fiancee Yvette Prieto.
According to the National Enquirer, Jordan had Prieto sign a prenuptial agreement. Ideally, that will protect the $650 million fortune he is believed to have.
“Michael loves Yvette, but he won’t let that interfere with his common sense – and his money – like it did before,” a source reportedly told the Enquirer, via The Daily Mail.
That “mistake” the source would be referring to is the reported $168 million MJ’s ex-wife Juanita Vanoy took home when the couple divorced back in 2006. This time around, Prieto will reportedly receive $1 million per year for every year she was married to Jordan if they should split. If the marriage lasts 10 years or more, she will receive $5 million for every year of marriage. A person close to Prieto said she is not concerned about the prenup.
“She feels they have a strong relationship,” an insider reportedly said. “She can’t imagine that they’d ever split up! 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.”
If I was about to marry someone who is worth more than a half-a-billion dollars and I was going to get $1 million per year for every year of marriage in the event of a divorce, I wouldn’t be concerned either. MJ’s neighbors in Florida sound a lot more concerned about having him around long-term than his future wife does.