The ex-wife of Miami Heat guard Dwyane Wade is suing him for at least $1 million on claims he reneged on money owed to her from several endorsement deals and other income.
Siohvaughn Funches-Wade filed suit in Cook County Circuit Court last week also alleging the NBA star “engaged in a conspiracy to deprive her of the money,” according to the Chicago Tribune.
Funches-Wade also names her former husband’s attorney, his financial advisor, and companies with which she believes he has endorsement deals for allegedly refusing to uphold an agreement that required the money to be placed in a joint bank account.
The suit also alleges the two had a contract that required all of Wade’s endorsement and marketing income plus half of his July 2006 NBA contract earnings be direct deposited into a “mutual account.”
Instead, Siohvaughn alleges Wade and his supporters made an “end run” around the agreement by deciding “when and how much of those funds should be deposited into the mutually agreed upon account, leaving her now unable to pay her mortgage and insurance on her home and car.
The two were childhood sweethearts and married in 2002. Wade filed for divorce in 2008 and was subsequently granted custody of their two young sons.
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