Michael Jordan has reportedly implemented a prenuptial agreement with his wife, Yvette Prieto, a plan designed to provide both financial structure and long-term peace of mind.
According to a law firm familiar with the arrangement, the contract stipulates that Prieto will receive $1 million for every year of marriage, with the figure increasing to $5 million annually after their tenth anniversary.
Since the couple celebrated ten years together in 2023, Prieto now qualifies for the higher payment threshold.
The couple wed in 2013 in a lavish ceremony in Palm Beach, and by all accounts, their relationship remains solid. Yet Jordan’s move is a reminder that he’s learned from experience and from one of the most costly splits in sports history.
In 2006, Jordan finalized his divorce from his first wife, Juanita Vanoy, after 17 years of marriage. The settlement reportedly reached $168 million, which included property and custody arrangements for their three children. The staggering payout, among the largest celebrity divorce settlements ever, clearly left an impression.
A pragmatic approach to partnership
In recent years, prenups have become increasingly common among couples with significant assets or public lives.
The agreements allow both individuals to protect what they’ve built and enter the marriage with transparency. For someone with an estimated net worth of $3.8 billion, that level of clarity is not only sensible but essential.
Jordan’s wealth spans multiple ventures, from the iconic Air Jordan brand under Nike to his NASCAR team, 23XI Racing. Despite selling his majority stake in the Charlotte Hornets in 2023, his investments and endorsements continue to keep him among the world’s wealthiest athletes.
A public life lived mostly in private
Despite being one of the most recognizable figures in the world, Jordan and Prieto have largely kept their relationship out of the spotlight. They made a rare public appearance together last month during the Cowboys-Eagles game, drawing attention for their quiet presence in a luxury suite.
Those close to the couple describe Prieto as grounded and private, traits that have helped her husband maintain balance in the decade since their marriage. And with the new prenuptial agreement in place, the foundation of their relationship appears both emotionally and financially steady.
Read the full article here
