March 13, 2025, 01:59 AM PDT – Iman Shumpert, a former NBA player, and Teyana Taylor, a singer and actress, have finalized their divorce settlement, concluding their marriage that began in 2016. The agreement, approved in June 2024 by a Fulton County, Georgia, judge, specifies the division of assets and financial obligations, as reported by The Music Essentials.
The settlement stipulates that Teyana Taylor will receive four properties valued at over $10 million, a seven-figure lump-sum payment, and luxury vehicles, including a $300,000 Maybach, a $70,000 Mercedes Sprinter, and a tour bus, according to a post on X by Akademiks TV on March 13, 2025 X. Iman Shumpert, 34, is obligated to pay $8,000 monthly in child support for their two daughters and cover all expenses for their private school education. Teyana Taylor retains full ownership of her companies, such as Taylormade and Auntie’s, while Iman Shumpert keeps his Miami condo and properties in South Georgia and Decatur, Georgia, per The Express Tribune.
The couple separated in 2023, with Teyana Taylor filing for divorce in January 2023 due to irreconcilable differences, as noted in a post on X by FearedBuck on March 12, 2025 X. Teyana Taylor has clarified that infidelity was not a reason for their separation, stating that they maintain a cordial relationship and prioritize co-parenting, according to People. The settlement ensures both parties retain their respective business interests and personal assets, addressing all marital property disputes.
Iman Shumpert, known for his basketball career with teams including the Cleveland Cavaliers and New York Knicks, and Teyana Taylor, recognized for her work in music and film, have not provided additional public statements regarding the settlement or their future plans. The agreement marks the resolution of their divorce proceedings, allowing them to focus on their individual careers and family responsibilities.
Further information will depend on any future public disclosures or legal actions related to the settlement.
