Michael Jordan And Juanita Vanoy’s 2006 Divorce Settlement Was For $168 Million, One Of The Biggest Ever

With the ESPN Chicago Bulls documentary, The last dance, putting Michael Jordan in everyone’s mind, some people watch his divorce from Juanita Vanoy after 17 years of marriage in 2006. It is said that the two men communicate today and share custody of their three now-adult children, but for some time the separation was as contentious as the divorces, not to mention (point Jordan’s view) costly, Vanoy ultimately receiving a $ 168 million settlement – one of the largest at the time and still not too far off the top of the list.

Jordan and Vanoy were married in 1989, after which they experienced a decade of marital happiness, at least as far as the public knows. But in 2002, Vanoy filed for divorce for the first time, and a private investigator named Ernie Rizzo was quoted in the press regarding Jordan’s alleged irregularities.

Despite all this, Vanoy ended up canceling the divorce case and the couple tried to reconcile, but four years later, the couple announced a “mutual and friendly” break with the press in a joint statement by their lawyers. “Michael and Juanita Jordan have mutually and amicably agreed to end their 17-year marriage,” the statement said. “” A judgment for the dissolution of their marriage was issued today. There will be no further statements. ”

Michael Jordan And Juanita Vanoy's 2006 Divorce Settlement
Michael Jordan And Juanita Vanoy’s 2006 Divorce Settlement

JEFF HAYNES / AFP via Getty Images

Vanoy was left with a settlement of $ 168 million, while Jordan also had to pay more than $ 2 million in legal fees. Now, of course, Jordan’s fortune has multiplied many times over the nearly $ 400 million he estimated to be worth when Vanoy filed for divorce, making him one of the only billionaires in the sport.

The split remains among the most expensive divorces of all time and is of course also probably the most expensive in the history of professional sports. In case you were wondering, when Jordan married model Yvette Prieto in 2011, he would have done so with a prenuptial agreement.

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