Are you ready for update number 9,999 on the legal issues that are still plaguing Dwyane Wade in his divorce from Siohvaughn Funches? Last July, DWade’s publicist sent out a press release announcing that the divorce’s financial terms had finally been settled.
DWyane and Siohvaughn have been separated since 07-08 but the financial aspect of the case was ongoing. There was no prenup. The court awarded Siohvaughn $5 million plus the home in Chicago. But as I shared with you from my exclusive interview with Sio at that time, she did not want to accept those terms. At that time, she was behind on the mortgage of the home.
Fast forward to a year later and the $1.2 million home located in South Holland, a Chicago suburb, is in foreclosure. The home is still in DWade’s name although it was awarded to Siohvaughn, but his lawyer states that he has no financial obligation to pay.
Dwyane is set to marry Gabrielle Union on August 30th in Miami.