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NBA Star Dwayne Wade’s ex-wife: “On the Streets” … at $25,000 a month.

July 30, 2013 by  
Filed under Divorce, Family Law

In a divorce case that’s apparently focusing on alimony and property division issues, NBA Star Dwayne Wade’s wife staged a protest, saying she, the mother of his children, is on the streets because he doesn’t want to pay what he owes her. According to her, it’s more than $25,000 a month. The full article can be found here.

A central theme to many alimony decisions is the “Standard of Living of the Marriage”. Obviously a NBA-star and his wife’s standard is going to be higher than most of us, it does make you wonder though how much is enough.

Of interest as well, the length of time from the start of the marriage to the separation was only five years.  Usually shorter marriages are harder to get alimony awards for.

I’m surprised Mr. Wade didn’t insist on a prenuptial agreement as he was already a successful NBA player when they got married, and he could have saved himself a lot of these headaches if post-marital property and spousal maintenance rights had been hammered out before hand.

Also interesting. D-Wade got sole custody of the two joint children of the marriage.  This obviously saves him a significant amount in child support.  I’d be curious how his lawyer’s managed to get this as Wade travels presumably for much of the year and likely hasn’t had a ton of time to be in a primary caretaker role.

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