Some of the links in this post are affiliate links, which means if you click on the link and purchase an item, I will receive an affiliate commission at no extra cost to you.
Tom Cruise will not be paying Katie Holmes a huge divorce settlement despite rumors she landed a $50 million settlement. Cruise will dole out millions in child support for daughter, Suri Cruise for the next 12 years.
Tom Cruise did not pay Katie Holmes a lump sum in his divorce settlement, but he will pay handsomely in the child support department … sources familiar with the situation tell TMZ.
Our well-connected sources tell us … reports that Katie scored $50 million are “ridiculous.” We’re told she did not get a lump sum of money at all. As we previously reported, Katie signed a prenup which gave her goose eggs by ending the marriage. And, sources connected with Katie have been telling us from day 1 that she was not after his money. As one source put it, “She has her own money.”
We do know, however, that Tom is paying “a lot of money” in the form of child support. Tom will be making regular payments for 12 years. Our sources say all tolled, Tom will be paying “more than $10 million” in child support, though no one would be more specific.
Photo from PR Photos