Nick Lachey gets screwed in his divorce settlement

Nick Lachey and Jessica Simpson’s divorce was finalized in early July. Nick was offered an insulting $1.5 million settlement by Jessica’s creepy father, Joe Simpson, in early June. The couples joint assets are valued at well over $30 million, so that was truly a piss poor amount. (Albeit one that would change most anyone else’s life.)

Nick was said to be holding out for a relatively paltry $8 million, which he lowered to just $5 million.

Now Nick and Jessica have reached an undisclosed settlement, but Nick’s share is said to be well less than half of the couple’s assets:

TMZ has learned that Jessica Simpson and Nick Lachey have divided up the assets in their marriage, and Nick agreed to less than his share in order to avoid an ugly court fight.

The couple amassed a fortune during their three-year marriage, in no small part because of their MTV reality show “Newlyweds” and the avalanche of endorsements and other deals that followed. Jessica refused to sign a prenuptial agreement, so under California law the assets — estimated at $36 million — are to be divided equally. So Jessica and Nick should each get $18…

Sources say in the property settlement — which has not yet been filed in court — Nick will take significantly more than the $1.5 million, but considerably less than 50% of what he and Jessica earned during the marriage. Two sources in Nick’s camp made it clear to TMZ that Lachey agreed to end the dispute because he does not want to hurt anyone in a contentious court battle.

Lachey’s people could have leaked that news to make him seem like a good guy, but he is a good guy. There’s no blaming Simpson, since she generally seems to do what people tell her and simple math is probably way above her head. Now she’ll have more cash to buy terrible ill-fitting fashion thanks to her daddy playing hardball.

Here is Jessica in NY yesterday. Photos courtesy of

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4 Responses to “Nick Lachey gets screwed in his divorce settlement”

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  1. millie says:

    Nick is going to be fine in the long run. Jess seems to be ruled by her daddy now and the results are not great. She seems shaky and dresses terribly–just look at her latest fashion disasters. Everything she wears now makes her look like a linebacker.

  2. Anonymous says:

    I’m not gonna lose any sleep over what Nick did or didn’t get. If he was cheating on her, he shouldn’t get anything.

  3. Celebitchy says:

    I really doubt he was cheating on her. I think Jessica is the one who cheated.

    Millie, that\’s a good observation. She doesnt seem that stable, you\’re right.

  4. vanessa says:

    I just think jssica and nick cheated on each other so there both idiots even though nick is so hot.