January 15, 2007, - 4:30 pm

On the Chopping Block?: The Lawyer Who Wrote . . .

By Debbie Schlussel
. . . New York Giants star Michael Strahan’s pre-nuptial agreement.
Not like we’re shedding any tears for this multi-millionaire NFL player. But . . . isn’t the idea of a pre-nup to protect your assets and limit your spouse’s take? In Strahan’s case, it’s the exact opposite.
He must give his soon to be ex-wife, Jean Strahan, $15.3 million, more than 50% of his assets. Under this generous pre-nup, the estranged Mrs. Strahan gets 50% of her husband’s assets, plus 20% of his annual income for each of the seven years they were married.
Call this pre-nup the reverse-cha-ching for Mr. Strahan. It gives new meaning to the phrase, “seven-year itch,” since he must be scratching his head . . . and tearing his hair out.

michaelstrahan.jpgjeanstrahan.jpg

Feminism?: The Divorcing Mr. & Mrs. Strahan’s Lopsided Pre-Nup

Here are the details from the New York Daily News:

What Jean Strahan gets
Prenup payout
$7.5 million plus $1.2 million in interest
Half of all assets
$6.6 million

strahanmansion.jpg

Strahan Mansion

Dream house
She can buy the family’s $3.6 million “dream house” in Montclair, N.J., from her husband for $1.4 million
Luxury car
A leased Cadillac Escalade
Property
She gets half of the money from the sale of 256 pieces of furniture and other property
Child support
$214,745 a year; Michael Strahan also must pay 91% of the cost of their children’s private schooling, camp and higher education fees. She will cover the rest.

Ka-ching. That’s a lotta coin for a few years non-work.
From Deadspin, here’s the very apropos cover of the New York Post. (Plus, Burberry gets a free front-page plug–“Wear our coat, and you, too, could get a $15 mill-plus payday.”)

strahansnypost.jpg

She got paid. He got fleeced.

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5 Responses

Wow! Did he get hosed. He’s at the end of his career and peak earning years for a pro athlete; loses half his assets and then some, and has to pay child support and schooling seperately.
What is $214,745 for if not for school? Clothing? That’s a lot of clothes and food. He probably wont even be able to earn that much broadcasting when he retires which will be in the next year or two whether he likes it or not as his skills have diminished with age.
Was the judge assuming he was going to keep earning millions indefintely as a pro athlete? His prenup was worse than common and state law, although the article is a little unclear it seems the judge may have went above and beyond the prenup’s generous terms.

dll2000 on January 15, 2007 at 6:28 pm

Funny thing? A lot of guys aren’t marrying American women anymore, so we’re going to different countries. There is no way I am going to give up what my father made over the years to a broad who’s a gold-digger. Sure I bang broads and sluts but not one dime will go to them. Hell no! Here boys, for you who want to get laid and save your money
http://www.tenetsofleykis.com/
BTW, Tom Leykis has nothing but praises and good things to say about Debbie.

KOAJaps on January 15, 2007 at 8:26 pm

Debbie, taking a look at this big schlub I’d say Mrs. Strahan probably earned it.

Anonymous1 on January 15, 2007 at 9:27 pm

Just another dumb jock. That’s why only stupid people look to athletes as role models.
YOU HAVE A POINT. I GUESS YOU COULD CALL IT NATURAL SELECTION.
DEBBIE SCHLUSSEL

LoveAManInAUniform on January 16, 2007 at 3:30 pm

15 million for a ball player and his wife?
wow i am in the wrong business…..

Rambam on January 17, 2007 at 6:54 am

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