Miami Heat franchise player, shooting guard Dwyane Wade has broken his silence on his divorce settlement after his ex-wife Siohvaughn Funches claimed he left her “on the streets.”
Wade will pay Funches $5 million, in addition to handing over their Chicago mansion, four cars, and a “non-disparage” agreement where each party is prohibited from publically degrading each other, reports according to the Chicago Sun-Times.
Wade’s attorney, Jim Pritikin, issued the following statement refuting Funches’ claims:
“Dwyane Wade and his ex-wife Siohvaughn Funches have reached a financial settlement. The agreement was submitted in court last Tuesday, July 16 prior to Ms. Funches’ recent unfounded and erratic public display outside the courthouse this past Friday. Dwyane Wade has made several requests over the years to settle this matter, despite Ms. Funches having 16 different attorneys and 2 arrests throughout this process. Mr. Wade has provided a very generous settlement to Ms. Funches to continue to live a wonderful lifestyle for the rest of her life.
Despite false allegations by Ms. Funches claiming to be “homeless” and “destitute,” Dwyane Wade has maintained over the years financial support to his ex-wife by providing her with income over $25,000 on a monthly basis, timely paid for her home mortgage, maintenance and security at the house, 4 cars, insurance, taxes and all of her attorney fees throughout this process. 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.
Dwyane Wade was awarded sole custody of their sons by the court in 2011. The safety and wellbeing of his children are his main priority. 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.”
Funches claims that Wade stopped depositing money into a joint account, per a 2008 agreement, that is supposed to hold Wade’s endorsement deals with retailers T-Mobile, Staples, Gatorade and Li Ning, a Chinese sporting goods company.
Wade and Funches were childhood sweethearts, but divorced after 5 years of marriage in 2007. Wade was awarded sole custody of their two young sons in 2011.
He is currently dating A-List actress Gabrielle Union.
See video of Siohvaughn Funches‘ rant below: