Dwyane Wade just won his third NBA title, so he should be feeling pretty ok. Well, he would if his ex-wife Siohvaughn Wade wouldn't be harshing his winning buzz. Siohvaughn is suing the Heat star for conspiring, according to the Wall Street Journal, "with several of his endorsement companies to keep her from receiving a share of his future earnings as awarded by an earlier matrimonial court decision."
The cost of this so-called conspiracy? One million dollars. Oh yeah, and the couple divorced in 2008, so to call this late would be an understatement. And it's not just the male Wade she's going after, but the suit names his attorneys and collection of sponsors: Gatorade, T-Mobile, Staples and Lining LLC.
The crux of the issue is the Agreed Preliminary Injunction (API) the divorcing couple agreed to, which stated that "all of Dwayne Wade's income received from endorsements and marketing contracts (less [broker] fees) was required to be 'immediately and directly' deposited into a mutually selected financial institution." The future ex-Mrs. Wade then sent a letter to all of his sponsors, including the above mentioned in the suit, and told them to deposit his paydays into a specified joint account. According to her, it didn't exactly happen that way.
Her suit claims that he "refused to advise marketing and endorsement companies and the NBA of the direct deposit requirement or, directly through agents advised them not to comply…. had [his] marketing and endorsement companies and the NBA pay him the funds that should have been directly deposited and Dwayne Wade, his agents and attorneys have decided when and how much of those funds should be deposited into the mutually agreed upon account."
So the question here is not whether they didn't pay her enough—that's easy to figure out using a forensic accountant or anyone who can add. No, the NBA superstar's biggest issue is the conspiracy charge. If he did indeed try to hide money from her, you best believe the court will make him pay Siohvaughn what he owes her… and then some.
We'll keep you posted as this case goes forward.
Read more: Dwyane Wade Lawsuit Proves That Not Even Sponsors Are Safe From Divorce Court
http://www.forbes.com/sites/jasonbelzer/2013/07/11/dwayne-wade-lawsuit-proves-that-not-even-sponsors-are-safe-from-divorce-court/