Jessica and Nick Settle Money Dispute

Jessica Simpson & Nick LacheyTMZ has learned that Jessica Simpson and Nick Lachey have divided up the assets in their marriage, and Nick agreed to less than his share in order to avoid an ugly court fight.

The couple amassed a fortune during their three-year marriage, in no small part because of their MTV reality show "Newlyweds" and the avalanche of endorsements and other deals that followed. Jessica refused to sign a prenuptial agreement, so under California law the assets -- estimated at $36 million -- are to be divided equally. So Jessica and Nick should each get $18.

Nick will take significantly more than the $1.5 million, but considerably less than 50%

As TMZ first reported, Jessica (we're told at the behest of her dad, Joe Simpson) offered Nick a relatively measly $1.5 million to walk away from the marriage. Sources say Joe Simpson believed Nick didn't have the stomach to put up a fight over money. Nevertheless, Nick rejected the offer and the former sweethearts decided to make their divorce final and try to hammer out a property settlement.

Sources say in the property settlement -- which has not yet been filed in court -- Nick will take significantly more than the $1.5 million, but considerably less than 50% of what he and Jessica earned during the marriage. Two sources in Nick's camp made it clear to TMZ that Lachey agreed to end the dispute because he does not want to hurt anyone in a contentious court battle.

Ironically last week, a reporter on a red carpet relayed a message from Joe and Jessica Simpson to Nick: "They love you. You're still part of the family." Nick blanched and said "Well, good, that's nice to hear...." The reporter persisted "...Jessica will always love you." Nick's classic reply: "Okay, then!"




Filed under: Break-Ups, Nick Lachey, Jessica Simpson, H-Wood

Reader Comments

(Page 2 of 10)Previous 15 Comments | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

16. All I have to say is.... Nick , keep moving forward and DON'T look back, even when she begg's you to come back, don't get fooled again. You are a STAR!!!!! You present yourself in such a great manner,always keep it real. "Resolution " says ..all i need to learn along this road. And that is to never take her back...

Posted at 6:46PM on Sep 5th 2006 by Gina

17. It's worth it just to get away from her creepy dad. How can that man look so smug when he is basically nothing more than a well paid pimp? They're both two young kids that got manipulated by a very greedy and self absorbed man. I wish them both well.

Posted at 6:51PM on Sep 5th 2006 by deebee

18. 9/5/06


I find it very, very sad and downright pathetic that Jessica's father, who, in my opinion, could not have been more greedy, manipulative, and shown to his daughter, former son-in-law and THE ENTIRE WORLD, how really LITTLE he cared about Jessica, her marriage and personal happiness - never mind even her husband OR HIS success, could try and manipulate Nick YET ONE more time, to take the original minute money offer he made to him SIMPLY BECAUSE HE FELT HE COULDN'T/WOULDN'T STOMACHE A PUBLIC FIGHT.

I too, cannot believe that Jessica could ALLOW her dad to interfere in their lives so much that HE DESTROYED IT. Unfortunately, she was very naiive, very young, very immature and much too dependent on her father and that was exactly why the marriage fell apart.

However, I am certainly glad that Nick had the guts to stand up to them both, turn that that measly offer, and get a great deal more. I don't know if his behavior during the marriage was just a desperate attempt the get her and her attention back, but it is hard for me to believe that he really did CHEAT ON HER, and frankly, in my heart I believe that she didn't cheat on him either. She just responded and retaliated in kind.

Anyway, its really too bad that a marriage such as theirs had to hit the skids because of how young they both were, and how overly influenced Jessica was by her dad....but Nick does have class, talent, and I hope that he finds someone who deserves a special man like him.

As for Jessica, I hope (but wouldn't bet on it!) that she's learned her lesson, and will make sure her dad keeps far, far away from her next beau and husband.

The whole thing was way over the top and too too pathetic for words!

Artist643

Posted at 6:59PM on Sep 5th 2006 by Drora Plaut

19. Does anyone know how Jessica's album debuted last week? I can't find it anywhere!

(I hope it bombed.) Go Nick!

Posted at 7:08PM on Sep 5th 2006 by Meg

20. The thing is it wouldnt have been a court battle.Under Ca. law he is entitled to 50% and hes an idiot for giving her any part of his share . she had no choice and besides without him she wouldnt have made anywher near that amount if he didnt want the money he could have gave it to needy children living on the streets anything besides giving it to a dum slut that problby sucks her dads dick beides pays his way through life Nick you have no backbone "WIMP" YOU SHOULD BE ASHAMED I BET YOU ARE

Posted at 7:18PM on Sep 5th 2006 by tire

21. LOL there you are again, Livewire, patting yourself on the back using a pseudonym (#20). How pathetic can you be little man? Anyway, #18 I agree with you, and just want to add that, any man who comments on his own daughter's breast size has BIG problems of his own. Until Jessica spreads her wings and flies away from this creep, she's destined to repeat her failures.

Posted at 7:21PM on Sep 5th 2006 by jennifer

22. He definitely was ripped off, but he shows great maturity in how he is handling that odd family. Without him being a part of the newlywed duo Jessica would still be a nothing, so I don't know where they get off saying he doesn't deserve half.
Is anyone else weirded out by her father? He seems very pervy and money hungry for a "minister". Since when do ministers work to amass millions for material gain?? LOL Also, the way he talks about her breasts and controls her is quite weird. YUCK! Nick is better off in a normal family with class.

Posted at 7:28PM on Sep 5th 2006 by sunny

23. I think in all relationships you should get what you put in it, when it is over. I bet couples would try to work out more.

Posted at 7:53PM on Sep 5th 2006 by nette

24. It would be redicules to think he would deserve 50% when she was the one who earned it. On the show we all seen how she was the one working and he was home doing house crap. He should get what he earned that it. And the only reason he took the deal was because he didn't want to look like a money grubber.

Posted at 7:59PM on Sep 5th 2006 by Dawn McFerren

25. Good for you Nick. Show the Beverly Hillbillies how much class you have.

But, I would not settle for what Daddy Hillbilly wants you to get. You deserve more just for putting up with Jessica, Daddy, Mommy and liitle slut sister, and all the hanger on's Jess needed.

Take your time and figure out what you lost on the bitch. Remember she was nothing before you.

OK, just to show your class, instead of $18 Million, Settle for $17.9 Million. Maybe Daddy Hillbilly will go into cardiac arrest seeing he thought you would not have the stomach to fight and settle for a mere pittance $1.5 Million.

You deserve it. Remember, the more you take from Jessica the less there will be for Daddy and Mommy. And just seeing Daddy broke would be the best revenge you can get. Send the pervert packing back to the boondocks.

Daddy was a preacher, has he not heard "vengence is not mine said the Lord", so who is he to dictate what you get.

And ask for royalities for everything the bitch croaks out "In This Skin", that you appeared in the video with her.

Take it now Nick, because she won't be around much longer. She can't sing, dance, act, so before she looses everything, strike while the getting is good.

YOU DESERVE THAT AND MORE!

Posted at 8:05PM on Sep 5th 2006 by Gianna

26. I don't know what was going on with Jess's dad but I like both of them (Nick and Jessica). So anyways, I'm glad they split the money up. 18 million is alot of money!!

Posted at 8:37PM on Sep 5th 2006 by taniaess1

27. Ahhh... just another example of guys living off of a Woman's income entirely. Seems not even Virgins like poor Jessica get relief.

Now it's happening in Hollywood too...This is just happening way too much nowadays. K-Fed could be next...

Posted at 8:46PM on Sep 5th 2006 by sick of the men moochers

28. Nick is a class act - was anyone else bothered by Jessica's hairdresser on her special last night? It was as if he was the STAR of the show and the show was edited to appear that he is her advisor. I thought when Nick and Jessica split she would put her father and others in their place. Sad to see her being led around by someone else. Newlyweds showed that Nick really loved her - she may have been too young to see it. Good Luck with all the people trying to get in on her career!

Posted at 8:50PM on Sep 5th 2006 by Ruth

29. Nick did the right thing, he's got class. Jessica will eventually see her loss. Daddy needs to but out. He ruined this big time. Poor Jessica, she's made a big mistake. Being young, she may not find out till it's too late. Not many men would have walked away that quietly. See Jess, it's not always about money but I'm not sure about Daddy's intentions. He's accomplished what he set out to do, now what?

Posted at 8:51PM on Sep 5th 2006 by Grace Aronne

30. I will support Nick's career. I really believed that him and Jessica were so in love. He is a good person and I am happy that he is dating someone else. He deserves to be happy again.

Posted at 8:57PM on Sep 5th 2006 by jen

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