Is Mariah Carey going to have to pay off Nick Cannon in their divorce?

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We’ve been mentioning these Mariah Carey stories in the links for about a week now, so we might as well devote a whole post to The Drama of Mimi. First off, around the same time that Mariah was driving NBC producers crazy in December, Nick Cannon was filing for divorce. Mariah and Nick had been trying to work through their legal issues – like, how they were going to split up their assets – quietly and away from the spotlight, but then Nick went out and filed for divorce on December 12th. And now that the paperwork has been filed, all sorts of confidentiality clauses have been activated.

Mariah Carey and Nick Cannon have a prenup with a confidentiality clause … and if she blabs out of school she gets socked for twice what he’d have to pay if he violates it. Sources familiar with the situation tell TMZ … if Nick violates the confidentiality clause he has to pay her a $250,000 penalty, but if she spills the beans she has to pay him $500K.

And the prenup makes it clear … Mariah came into the marriage with a boatload of money … Nick, not so much.

The prenup says Mariah is worth $150 million … she has so much, $30 million is listed as “miscellaneous.” Nick came into the marriage in 2008 with a little less than $500K.

He’s done well since then, making millions on his various projects, but when they married he ended up buying her engagement ring for $500,000 but took a loan out for $470K. The ring was reportedly worth $2.5 mil, but that’s not what he paid.

As we reported … they’ve already worked out a full property settlement agreement.

[From TMZ]

So far, neither Nick or Mariah has said all that much publicly about their split, although Team Nick and “sources close to Nick” have been telling the tabloids that Mariah is a drunken mess and that she spends way too much money. Mariah has been losing money hand over fist for years now, while Nick has turned into a very wealthy man.

My guess is that Nick will be able to hold on to much of what he made and he probably won’t have to pay much to Mariah in spousal support or child support. So, Mariah needs money and she needs a lot of it. Which is exactly why she has officially signed a contract with Caesars Palace in Las Vegas. TMZ doesn’t know how much Mariah will be paid for each show, but if Britney Spears is getting $475,000 a show, I would imagine Mariah would get a lot more.

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Photos courtesy of Fame/Flynet.

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23 Responses to “Is Mariah Carey going to have to pay off Nick Cannon in their divorce?”

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  1. WhimzyDeb says:

    More than likely with her strange divatudes!

  2. aims says:

    I didn’t know she was going through her cash like water. I’ve always felt Mariah is difficult to say the least. Nick isn’t perfect, but i would be MIA if I had to be married to someone that rude.

  3. Jan Harf says:

    You know what? I don’t agree that she is a “drunken mess.” I think she has legitimate mental health issues and is self-medicating. The entire situation is so sad.

  4. Jag says:

    Just curious as to why you think she’d get a lot more money than Britney? Britney at least used to be able to dance and put on a show. Mariah, from what I’ve seen, was only her voice. And now her voice is failing. I just wonder what kind of show she’ll do that would be worth so much more. Maybe lip-synching will work for her, too?

  5. Sass back says:

    Not sure why Mariah Carey would ever get as much money as Britney?? Britney is a way bigger star than Mariah Carey ever was. Mariah had a few hits years ago while Britney, save for those two bad years a very long time ago, has stayed number one for more than a decade. Mariah Carey is basically a has been and I’m surprised she even had that much money when she married Nick, who is a very hardworking man. The guy hustles hard.

    • LAK says:

      LOL. Bless that you think Britney is a bigger star than Mariah.

      • The Original Mia says:

        A+ comment, LAK!

      • original kay says:

        I think Brit could pull in more money for Vegas show, than Mariah.

        Bigger star, well, I guess that depends on the generation. Mariah was big when I was a lot younger, and she hasn’t aged well. I don’t see her appeal, especially for a Vegas show. Brit, on the other hand, is the comeback queen so will always have that to edge her over any competition.

      • Sassback says:

        How is Mariah even half the size of the star that Britney is? She’s been working steadily for a decade and a half, when was the last time Mariah Carey was anything but a joke? As far as I know, she did that Butterfly album and that Christmas song and that was it; she obviously did more but it was all forgettable and about 15 years ago. Britney has way more hits and she works. Mariah was once a great talent, but the talent is apparently gone and now she’s just washed up tabloid fodder. Britney may not be the skilled singer Mariah was a bajillion years ago but she is way more part of pop culture than Mariah is.

    • Yup, Me says:

      Um, where are you from?

    • Dash says:

      Because while at one stage Britney could carry a tune, Mariah Carey could SING. If she were able to recapture her voice then her Vegas shows would be incredible.

    • apsutter says:

      Mariah could SING and she was basically queen of much of the 90’s plus that like 2 year period with Emancipation in the 00’s

  6. The Original Mia says:

    I always laugh anytime someone wonders about Mariah’s finances. She’s fine. She spends like water because she makes it back. She may be crazy, but not about the cash. And the fact that Nick now has millions means he won’t be getting anything from Mariah. Not a dime. He doesn’t need it. And the fact that Mariah has to pay more for spilling is silly since it’s been Nick’s side that has been leaking information about her. Not the other way around.

    • GreenBunny says:

      As far as Mariah making money, I’ve heard that she makes a ton of money in royalties for her Christmas songs, especially All I Want for Christmas. So I assume she wouldn’t even need to work anymore at all and would still make massive amounts of money.

  7. MelissaManifesto says:

    I remember reading about her breakup with Luis Miguel years after it happened. She just had one nervous breakdown after another. I hope it doesn’t happen this time with Nick. Mariah may be difficult but Nick has allegedly released some classless lyrics about her. Let’s up they all remain respectful enough for the sake of their children.

  8. mimif says:

    But who gets custody of the fake babies?!?!

  9. LAK says:

    …..but what she sings about it? does that constitute talking about the marriage if she writes a song about it?

    • apsutter says:

      Hmmmm even if she did I don’t think it’d be explicit. It took her more than a decade to legitimatize the emotional abuse from Tommy Mottola in that song Side Effects

  10. scout says:

    He won a lottery and get to see “them babies” half the time!! Not a bad deal.

  11. Greek Chic says:

    Was Nick Canon famous before marrying Mariah Carey? I don’t live in Us so I don’t know anything about him. I’ve seen him presenting a talent show ( x factor I think?) but I think this was when he was still married with Carey.

    • deehunny says:

      Yes, but he was more of a B celebrity who got his start from Nickelodeon, which is a very popular children’s network in the States.

      Everyone says he works hard bc he’s hosted many different other shows and has been able to maintain his stardom since his youth. He comes off pretty likeable IMO