TMZ is reporting that Jessica Simpson and Nick Lachey have come up with a settlement that is satisfactory to both singers. The two were married for three and a half years but officially divorced this past June.
According to documents obtained by TMZ, Simpson and Lachey have signed a written stipulation on their financial dispute.
Under California’s community property law, without a prenup, each should have walked away with about $18 million dollars since the pair as a couple had earned about $36 million as a couple. Simpson however disputed that and offered Nick a measly $1.5 million. He turned that down.
It hasn’t been reported how much Nick Lachey will receive under the terms of the agreement but it’s said to be significantly more than $1.5 million, and less than $18 million.
On Thursday, thousands of fans lined up to pay their respects and bid farewell to the Godfather of Soul, James Brown, at the Apollo Theater where the singer first made his mark 40 years ago.