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Tom Cruise

Divorce Settlement

I Got Out Cheap!

8/24/2012 8:15 AM PDT BY TMZ STAFF
EXCLUSIVE

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Katie Holmes
walked away with nothing other than rather modest child support in her divorce from Tom Cruise ... and we at TMZ have the breakdown.

Sources familiar with documents filed with the court tell TMZ ... Katie got no lump sum payout, which is consistent with the prenup which essentially shuts her out of Tom's $250 million fortune.

As for spousal support ... Katie got zip.

Katie will get money for child support, but it's way less than a judge could have ordered. According to the settlement, Tom must pay Katie $400,000 a year in child support. That comes to $33,333.33 a month. The money will be paid by electronic transfer.

Tom must pay Suri's support for the next 12 years -- until she turns 18. All tolled, that comes to $4.8 million.

Tom must also pay Suri's expenses, including medical, dental, insurance, education, college and extracurricular costs.

And ... both Tom and Katie agree that Suri will NOT attend a "residential school" from now through her high school years. Translation -- she can't be shipped off to boarding school -- Scientology or otherwise.

Katie could have gotten more child support under New York law if the case went to trial, but both she and Tom decided to settle quickly.

We reported early on ... Katie said she wanted nothing from Tom other than a divorce -- well that's exactly what she got.

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277 COMMENTS

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166.

judy    

It seems every one has forgotten that the marriage was for entertainment only. They did not get a marriage license before the wedding. It was/is not a legal marriage. she must have some grand plans with grand contracts to get out of this so easily.

733 days ago
167.

James    

Well done Tom!
I'm really glad she couldn't take a pound of flesh from you!

733 days ago
168.

KK    

that is unbelievable a 5 years will waste

733 days ago
169.

Koke    

$33,333 a month is a still a lot for child support.

733 days ago
170.

bigapplebaby    

I don't blame her for not trying to get more money, she suffered enough and the prenup attests to the fact that she innocently and in good faith went into the marrige without personal gain. A more savey Tom knew what he was doing manipulating Katie to agree to his terms. I'm sure Katie will survive. You're out girl! Rejoice!

733 days ago
171.

bigapplebaby    

I don't blame her for not trying to get more money, she suffered enough and the prenup attests to the fact that she innocently and in good faith went into the marrige without personal gain. A more savey Tom knew what he was doing manipulating Katie to agree to his terms. I'm sure Katie will survive. You're out girl! Rejoice!

733 days ago
172.

4_eyed_zebra    

She has her own money and she is at least free from that scientology nutcase!

733 days ago
173.

Betty    

What a pig he is. So women are supposed to put their careers on hold and take care of the family while men go out and make more money only for themselves. The definition of stupidity is supporting the growing income gap between men and women and calling that classy.

733 days ago
174.

Betty    

What a pig he is. So women are supposed to put their careers on hold and take care of the family while men go out and make more money only for themselves. The definition of stupidity is supporting the growing income gap between men and women and calling that classy.

733 days ago
175.

bstill    

She really wanted OUT - As in NOW!

733 days ago
176.

stbr    

Who cares?!

733 days ago
177.

Stbr    

Who cares?!

733 days ago
178.

Delseata    

I respect your choice ............you are maturer than most women you have class ..........there is more to live than money God bless you kate love you all ...............you prove that there is still good women in the world i wish you guy could work it out and stay together but i guess not

733 days ago
179.

pam    

she got plenty.. hes paying for EVERYTHING Suri is doing.. plus 33,333.33 a month? if she cant survive on that then come on.. i'll take it..

733 days ago
180.

Jason Blake    

Sounds Like Katie the WINNER not Tom Cat. Not a Tom Cruise Fan anymore.

733 days ago
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