Dwyane Wade, Ex-Wife Reach Divorce Settlement

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By: / July 23, 2013

Dwyane Wade’s ex-wife and high school sweetheart Sioh­vaughn Funches-Wade received a hefty pay day and then some when she and the NBA star reached a financial settlement Monday (July 22). Wade is to pay her a cool $5 million as approved by a judge, according to the Chicago Sun-Times.

The settlement also includes a “non-disparage” clause where both parties will refrain from bad-mouthing the other. Wade’s attourney James B. Pritikin said this would extend to Wade’s family members and girlfriend, actress Gabrielle Union. Funches is also set to receive the former couple’s mansion in South Holland and four cars.

Her attorney, Brian Furst, argues that she did not agree to all provisions in the settlement, including the “non-disparage” clause but Cook County Circuit Court Judge John Thomas Carr slammed the gavel on the deal, effectively ending a very public six-year divorce proceeding.

Last week, Funches made a scene outside a Chicago courthouse, protesting with a sign that implied that she was left homeless because Wade was not keeping his obligation to pay her $25,000 a month in spousal support.

“Ms. Funches has made a mockery of homelessness which is a serious and personal issue for Mr. Wade as his mother was homeless for a period of time when he was a child,” Pritikin said in a statement.

Wade initially filed for divorce from Funches, who is also the mother to his two sons, in 2007. The Miami Heat star won a separate and lengthy court battle in 2011 to get full custody of his children with him in Miami.

Funches was charged last year on counts of attempted child abduction, unlawful visitation interference and obstruction of a peace officer after an incident related to visitation. While all charges except the obstruction of a peace officer were dismissed, Funches will head back to court in September.

Pritkin says the court will decide if she will be able to visit her children.

“The safety and well-being of his children are (Wade’s) main priority,” Pritikin said. “Due to Ms. Funches’ current unstable mental state, her visitation will be determined by the court. Mr. Wade continues to hope that one day he will have a civil relationship with his ex-wife for the sake of their sons.”

Photo Credit: Getty