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The Dream’s Bank Account Takes a Hit with Divorce Settlement

  • November 10, 2010
  • Kevin Benoit
The Dream divorce settlement

Hopefully, The Dream has learned his lesson in dealing with these R & B divas.  It’s been reported that The Dream, born Terius Nash, has reached a divorce settlement with Christina Milian after their very short-lived marriage.  The Dream will have to pay Milian $1 Million dollars in spousal support for every month of their marriage, which totals $4 Million!  Apparently, the settlement was based on The Dream’s finances at the time of the marriage and not on the lower earnings he is making now.

Don’t forget there is also a child involved in this situation. Aside from The Dream’s divorce settlement with Christina Milian, he has to pay an additional $5,000 a month in child support to his daughter Violet.

This is The Dream’s second divorce after a failed marriage with Nivea, with whom he also has three other children.  When that relationship ended, The Dream claimed that his lack of a family upbringing hurt his ability to be the head of a family.  The Milian situation began abruptly and unfortunately for him ended just as quickly.  There were even reports that he was contemplating suicide after the Milian split.

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Add up the spousal support and child support from both failed relationships and I think it’s safe to assume that The Dream will be releasing a new album next year, although he announced earlier this year that Love King would be his final album.  With The Dream’s financial nightmare of a divorce settlement, he can’t afford a break.

 

Image Credit: Instagram

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Kevin Benoit

Kevin Benoit graduated from John Jay College of Criminal Justice in 2007 with a Bachelors of Science in Legal Studies. Empowering the urban community has been a goal for Kevin Benoit for the past 8 years. As a freshman in college, in May of 2004, Benoit created Parlé Magazine, an urban entertainment magazine that focused on literacy through entertainment. The publication has since provided a stepping-stone for many individuals throughout the country, from teens to adults and continues to provide inspiration for inspiring entrepreneurs, writers, photographers and graphic designers. Read more articles by Kevin.

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