Dwyane Wade issued a statement via his lawyers regarding his ex-wife Siohvaughn Funches’ days after she took to the streets of Chicago with signs saying that Dwyane was making her life harder.
“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.”
Not only is he providing her with $25,000 on a monthly basis, the Chicago Sun-Times awarded Ms. Funches $5 million dollars and a house with four cars.
Basketball superstar Dwyane Wade will pay his former high school sweetheart, Siohvaughn Funches-Wade, $5 million in a divorce settlement that a judge decided was valid on Monday.
The settlement also includes a “non-disparage” agreement in which each party must refrain from making disparaging remarks about the other.
Funches-Wade also will receive the couples’ former mansion in South Holland and four cars.
Brian Hurst, an attorney for Funches-Wade, argued that his client never fully agreed to all the provisions in the settlement, including the “non-disparage” provision. But Cook County Circuit Court Judge John Thomas Carr decided both parties did agree on the deal and he found the settlement valid, effectively ending a six-year divorce proceeding that has drawn national attention.
