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GossipDwyane WadeSiohvaughn Wade

Dwyane Wade, ex-wife Siohvaughn Funches reached financial settlement last week

July 22, 2013 by Larry Brown • Comments
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Siohvaughn Funches Dwyane Wade

Siohvaughn Funches staged a bizarre sitdown in Chicago last week to bring attention to her financial conflict with ex-husband Dwyane Wade, but Wade’s representatives say that all took place after a financial settlement was reached.

A statement from Wade’s attorney Jim Pritikin sent to LBS by Wade’s PR reps says the two reached a financial settlement three days before Funches sat down in Chicago holding a sign claiming to be homeless. The statement also calls out Funches for her erratic behavior which has led to arrests and multiple attorneys.

“Dwyane Wade and his ex-wife Siohvaughn Funches have reached a financial settlement. The agreement was submitted in court last Tuesday, July 16 prior to Ms. Funches’ recent unfounded and erratic public display outside the courthouse this past Friday. Dwyane Wade has made several requests over the years to settle this matter, despite Ms. Funches having 16 different attorneys and 2 arrests throughout this process. Mr. Wade has provided a very generous settlement to Ms. Funches to continue to live a wonderful lifestyle for the rest of her life.”

Wade’s attorney says the Miami Heat guard has been paying many expenses for his ex and providing her with a $25,000 monthly payment.

[Related: Dwyane Wade responds on Instagram to ex-wife’s shenanigans]

“Despite false allegations by Ms. Funches claiming to be ‘homeless’ and ‘destitute,’ Dwyane Wade has maintained over the years financial support to his ex-wife by providing her with income over $25,000 on a monthly basis, timely paid for her home mortgage, maintenance and security at the house, 4 cars, insurance, taxes and all of her attorney fees throughout this process. Ms. Funches has made a mockery of homelessness which is a serious and personal issue for Mr. Wade as his mother was homeless for a period of time when he was a child.

“Dwyane Wade was awarded sole custody of their sons by the court in 2011. The safety and wellbeing of his children are his main priority. Due to Ms. Funches’ current unstable mental state, her visitation will be determined by the court. Mr. Wade continues to hope that one day he will have a civil relationship with his ex-wife for the sake of their sons.”

Funches claimed in a radio interview with WLS in Chicago that her ex-husband still owes her money. Who knows if that’s true? She also claimed that she did not want to accept terms from Wade because the agreement included a gag order. Maybe we don’t have the full story here, but I can tell you I trust Dwyane Wade’s word a heck of a lot more than Funches’.

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