Teyana Taylor and Iman Shumpert have officially settled their divorce, with the financial terms making waves due to their high-value assets. After spending eight years together, the former couple, who initially separated in 2023, finalized their legally binding agreement in June 2024.
As part of the settlement, Taylor is set to receive four luxurious homes worth over $10 million, solidifying her financial stability. Additionally, Shumpert has agreed to a substantial seven-figure one-time payout. The settlement also grants Taylor ownership of multiple high-end vehicles, including a $300,000 Maybach, a $70,000 Mercedes Sprinter, and a fully equipped tour bus. Beyond these assets, she retains full ownership of her business ventures, further securing her independence.
Shumpert’s financial commitments extend beyond property and assets. The former Brooklyn Nets player will pay $8,000 per month in child support for their two daughters. Additionally, he will cover their private school tuition, ensuring that their children continue to receive top-tier education and support.
Despite their split, Taylor has been vocal about maintaining a respectful and cooperative relationship with Shumpert. Addressing speculation surrounding their separation, Taylor took to Instagram to set the record straight: “In all fairness, Iman and I are separated and have been for a while. To be 1000% clear, ‘infidelity’ ain’t one of the reasons for our departure.” She further reassured her fans that their bond remains strong, emphasizing, “We are still the best of friends, great business partners, and are one hell of a team when it comes to co-parenting our two beautiful children.”
Teyana Taylor previously confirmed that infidelity wasn’t the reason behind their divorce
According to CNN’s report, Taylor assured her fans in a now-deleted Instagram post on September 17, 2023. She stated that even after their separation, they shared a genuine bond, and infidelity wasn’t an issue in their marriage. She wrote,
With her financial and personal life seemingly in order, Taylor is also making headlines for her rumored new romance. She recently sparked dating speculation after attending the Oscars alongside actor Aaron Pierre. While neither has publicly confirmed the nature of their relationship, their appearance together has fueled speculation that Taylor is embracing a fresh start in both her professional and personal journey.
The finalization of this high-profile divorce marks a significant chapter in both Taylor and Shumpert’s lives. While their romantic relationship has come to an end, their commitment to co-parenting and mutual respect highlights their dedication to family and personal growth.
