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Divorce can be affected by contract terms in Ohio

On Behalf of | Jan 19, 2013 | High-Asset Divorce

A professional baseball player is at the center of a divorce case that may be of interest to readers in Ohio. The man recently signed a high-value contract for his services with a foreign team. The player’s contract has been made part of the divorce matter filed by his soon-to-be ex-wife.

The baseball player’s wife has filed divorce documents asserting the couple’s marriage is irretrievably broken. Additionally, she is seeking custody of the couple’s son, child support and spousal support, and is asking the Court to have the prenuptial agreement made by the spouses declared invalid. If successful, she may be able to seek a share of the assets obtained during the marriage.

According to a report, the new contract that has been signed by the baseball player is worth $3.5 million for one year. It is not known what other assets are owned by the soon-to-be divorced pair nor is it clear from the divorce filing just how the pre-nuptial agreement could affect the distribution of assets as the dissolution continues.

As is the case with divorce in Ohio, the couple in this matter have the option of negotiating many issues as they seek to end their marriage. One of the most important issues to be determined in this case is the validity of the prenuptial agreement. A court will likely be asked to determine the validity of the contract, a decision that could affect the amount of assets available for payment to the wife from the professional baseball player as a part of the dissolution.

Source: NewsOne.com, “Andruw Jones Served With Divorce Papers One Week After Domestic Violence Arrest,” Ruth Manuel-Logan, Jan. 3, 2013

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