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Material Boy -- Guy Banks Off Madonna Divorce

12/15/2008 3:15 PM PST BY TMZ STAFF

So this is why Guy Richie has had that silly grin on his face lately -- he just received a FAT settlement check from his divorce with Madonna.

Madonna's rep just announced she's shelling out at least $75 million to her former hubby -- and that Guy will also get the couple's Ashcombe estate.

Take note, A-Rod.

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