Teyana Taylor and Iman Shumpert’s divorce settlement has been finalized, and the terms are making headlines.
After years of marriage, the couple, who separated in 2023, reached a legally binding agreement in June 2024.
Taylor, who was married to the former Brooklyn Nets player for eight years, is set to receive four luxury homes valued at over $10 million, a one-time seven-figure payment, and various luxury vehicles, including a $300,000 Maybach, a $70,000 Mercedes Sprinter, and a tour bus. Taylor will also maintain full ownership of her businesses – “Taylormade” and “The Aunties” – according to legal documents obtained by The Jasmine Brand.
In addition to the financial settlement, Shumpert is required to pay $8,000 per month in child support for the couple’s two daughters. He will also cover their private school tuition costs, ensuring that their children will be well-provided for.
Meanwhile, Iman, a former NBA champion, will keep his Miami condo and residencies in South Georgia and Decatur. He will also retain his portion of investments in their business ventures, although it has not been revealed exactly what those investments are.
Despite their separation, Taylor has maintained a cordial relationship with Shumpert, emphasizing that there was no infidelity involved in their split.
On Instagram, she posted, "In all fairness, Iman and I are separated and have been for a while. To be 1000% clear, ‘infidelity’ ain’t one of the reasons for our departure."
She also assured her followers that she and Shumpert remain close, saying, "We are still the best of friends, great business partners, and are one hell of a team when it comes to co-parenting our two beautiful children."
In addition to her legal victory, Taylor appears to have moved on romantically, as she recently sparked dating rumors after attending the Oscars with actor Aaron Pierre.
