Mariah Carey gave Nick Cannon a Ferrari as part of their divorce settlement.
The couple split up two years ago but only finalised the paperwork a few weeks ago, and the terms of their agreement have now been revealed, with their five-year-old twins Moroccan and Monroe primarily living with their mother.
However, Nick shares joint custody with the 46-year-old singer, and when he visits the kids, Mariah has agreed to pay his travel and lodging expenses, TMZ reports.
In addition, the ‘America’s Got Talent’ host has to put $5,000 a month in a trust fund for the youngsters, which the ‘Fantasy’ singer doesn’t contribute to, though she did agree to sign over the luxury 2012 vehicle to her former spouse.
There is also a clause in the agreement that states the twins are not allowed to refer to anyone other than Mariah and Nick – who married in 2008 – as their parental figures, meaning they can’t call anyone else mom or dad, or variations on the terms.
Perhaps most surprisingly, the figures show Mariah – who requested a rumoured $50 million from her former fiance James Packer when they split last month – earned just $6.3 million, while Nick took home $2.5 million in 2014.
Nick and Mariah have stayed close for the sake of their kids, and the rapper-and-presenter recently vowed to be the "best" father he can be to the twins.
He said: "My ex and I are in a great place and are diligently moving things along so we both can continue to be happy. I am happy for her and all her new endeavours, both personal ones and professional ones.
"I’ve been reflecting quite a bit on my life as a father and how I want to be the best one I can be, the way my father figures were to me. So with that said, I just ask that the public continues to respect our process and remain patient and loving as me and my family aim for happiness."
Mariah Carey and Nick Cannon divorce settlement details revealed
