Exclusive: Iman Shumpert must pay Teyana Taylor a seven-figure divorce settlement and also pay her $8,000 a month in child support!

Teyana Taylor, Iman Shumpert

Exclusive: Iman Shumpert must pay Teyana Taylor a seven-figure divorce settlement and also pay her $8,000 a month in child support!

theJasmineBrand (@TheJasmineBrand365) exclusively reports on the details of the divorce settlement between the actress/singer Julia B. and former NBA star Iman Shumpert were concluded by a Fulton County judge.

Teyana Taylor, Iman Shumpert and children

The couple married in 2016 and have two daughters together. Julia B. secretly filed for divorce from the former NBA striker in 2023.

Fast forward to today: Their divorce is officially finalized.

In the court ruling obtained by theJasminBrand, Teyana Taylor was awarded the right to keep four key marital properties. These properties, estimated to be worth over $10 million, are considered significant assets from their joint estate. Iman Shumpert was also ordered to make a one-off payment of a seven-figure sum to Julia B..

Iman Shumpert

In the meantime, Iman Shumpert will keep his luxurious condo in Miami and will also retain ownership of his South Georgia estate and his property in Decatur, Georgia.

A notable aspect of the settlement is the monthly child support payment. Shumpert must pay $8,000 per month in child support. The court also ordered Shumpert to pay 100% of the private school tuition for her two daughters.

As for her personal property, Taylor was gifted a collection of vehicles, including a Maybach, a Mercedes Sprinter, a tour bus, and her prized Bronco truck. Taylor also keeps all of her jewelry.

A crucial part of the agreement is that Taylor owns 100% of her companies. Tailor-made And auntthat will remain with her.

In the meantime, Shumpert keeps all his Shumpert Shump Investments that were revealed during the process. While the details of these investments have not been disclosed publicly, they likely comprise a diversified portfolio covering different sectors.

We exclusively reported on the details of the court hearing earlier this month, where the couple continued to argue over the division of assets and custody of the children.

Neither of them has yet commented publicly on their divorce agreement.