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.