Taylor and Shumpert Divorce Finalized with Major Settlement: A Simple Breakdown

After months of speculation and legal proceedings, the divorce between singer-actress Teyana Taylor and former NBA star Iman Shumpert is officially finalized. The settlement, signed off by a Fulton County judge in June 2024, has made headlines due to its hefty financial terms and the division of assets. As of today, March 13, 2025, this high-profile split continues to spark conversations about love, money, and co-parenting in the spotlight. Here’s a straightforward summary of what went down, the details of the settlement, and what it means for both stars moving forward.

The Background: A Love Story That Faded

Teyana Taylor and Iman Shumpert were once a power couple in the entertainment and sports worlds. They tied the knot in 2016 after dating for a couple of years, blending Taylor’s talents in music, acting, and choreography with Shumpert’s NBA career. Together, they welcomed two daughters, Iman "Junie" Tayla (born 2015) and Rue Rose (born 2020), and often shared glimpses of their family life on social media and reality TV. For a decade, they seemed to have it all—love, fame, and a combined net worth estimated at $35 million.

But behind the scenes, things weren’t as perfect as they appeared. In September 2023, Taylor announced their separation on Instagram, clarifying that they’d been apart “for a while.” She emphasized there was no cheating involved—just two people growing apart. The post, since deleted, set the stage for a divorce that would soon reveal a major financial shake-up.

The Divorce Filing and Legal Process

Taylor officially filed for divorce in January 2023, though the public didn’t catch wind of it until later. She cited irreconcilable differences as the reason for the split. The legal battle unfolded over the next year, with both sides negotiating over money, property, and their kids. By June 2024, a judge in Fulton County, Georgia, put the final stamp on the settlement, closing the chapter on their marriage. The details, first reported by outlets like theJasmineBrand, showed just how significant the outcome was—especially for Taylor.

The Settlement: What Teyana Taylor Got

The divorce settlement heavily favored Taylor, both financially and in terms of assets. Here’s the breakdown:

• Cash Payment: Shumpert was ordered to pay Taylor a one-time, seven-figure sum—meaning millions of dollars. Exact numbers haven’t been publicly confirmed, but it’s a massive payout.
• Real Estate: Taylor walked away with four properties valued at over $10 million combined. These homes were part of the couple’s marital assets, and while specific locations weren’t detailed, Shumpert reportedly kept a Miami condo and properties in South Georgia and Decatur.
• Luxury Vehicles: Taylor scored big in the car department, keeping a $300,000 Maybach, a $70,000 Mercedes Sprinter, and a tour bus. These high-end rides reflect her status as a celebrity with a flair for the extravagant.
• Child Support: Shumpert will pay $8,000 per month in child support for their two daughters. He’s also on the hook for their private school tuition, ensuring Junie and Rue are well taken care of.
• Custody: Taylor received 100% physical custody of the kids, though it’s likely Shumpert still has visitation rights. Both have stressed they’ll remain a team when it comes to co-parenting.

The settlement left Taylor with a huge chunk of their shared wealth, securing her financial future and that of her daughters. Shumpert, meanwhile, retained some personal assets like investments, though details on his side are less clear.

How They’re Handling It

Despite the split, Taylor and Shumpert have kept things civil—at least publicly. In her initial announcement, Taylor called Shumpert her “best friend” and praised their co-parenting dynamic. “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,” she wrote. This suggests they’re focused on keeping the peace for Junie and Rue, even as their romantic relationship ends.

Shumpert hasn’t said much publicly about the divorce, but posts on X and reports indicate he’s accepted the terms and is moving on. He’s shifted his focus post-NBA to real estate and music, with a personal net worth now estimated at $16 million. Taylor, with her $5 million net worth, continues to thrive in her multi-faceted career, recently sparking dating rumors with actor Aaron Pierre after appearing together at the 2025 Oscars.

What It Means for Their Futures

For Teyana Taylor, this settlement is a win. The millions in cash, valuable properties, and luxury cars give her a strong foundation as she builds her next chapter. At 34, she’s still a force in music and entertainment, and the financial security from the divorce ensures she can keep pushing forward without worry. Plus, having full custody of her daughters means she’s calling the shots as a mom, something she’s always prioritized.

For Iman Shumpert, the payout and child support obligations are a hit to his finances, but he’s far from broke. At 34, he’s reinventing himself outside of basketball, and his remaining assets—like the Miami condo—show he’s still got plenty to work with. The monthly $8,000 child support and tuition costs are steep, but they reflect his commitment to his kids’ well-being.

The Bigger Picture

This divorce isn’t just about Taylor and Shumpert—it’s a peek into how high-profile splits play out when fame, money, and family are involved. The settlement’s size (over $10 million in properties alone, plus millions more in cash) shows how much was at stake after a decade together. It’s also a reminder that even “amicable” breakups can come with big price tags, especially when kids and luxury lifestyles are part of the equation.

Fans have mixed reactions. Some cheer Taylor’s haul, seeing it as a deserved reward for her contributions to the marriage and her career. Others wonder how Shumpert feels about losing so much. Posts on X from late 2024 called it a “huge” settlement, with one user joking Taylor “cleaned up.” But beyond the numbers, both stars seem ready to move on, focusing on their individual paths and their daughters.

Wrapping It Up

The Teyana Taylor and Iman Shumpert divorce, finalized in 2024, ends a 10-year marriage with a major settlement that’s still buzzing as of March 13, 2025. Taylor walked away with millions in cash, four properties worth over $10 million, luxury cars, and full custody of their kids, plus $8,000 monthly child support. Shumpert kept some assets but took a financial hit. Despite the split, they’re keeping it cordial for their daughters, proving that even a messy divorce can have a calm aftermath. As Taylor steps into new romances and Shumpert pivots to new ventures, their story shows that endings can lead to fresh starts—especially when there’s millions on the table.