MUSIC: Dr. Dre is going to pay his ex-wife Nicole Young $ 100 million.

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Accord­ing to a TMZ report on Tues­day, Decem­ber 28, the leg­endary pro­duc­er and his 24-year-old ex-wife have reached an agree­ment on their legal sep­a­ra­tion. Nicole will receive $ 50 mil­lion now and an addi­tion­al $ 50 mil­lion in a year, which equates to a pay­ment of $ 100 mil­lion in total.

Dre, who has an esti­mat­ed net worth of $ 820 mil­lion, did not have to pay half of his earn­ings due to their prenup­tial agreement.

The Comp­ton native retains the sev­en prop­er­ties he and Nicole own: one man­sion in Mal­ibu, two homes in Cal­abasas, Calif. And four prop­er­ties in Los Ange­les, includ­ing their $ 100 mil­lion estate in the Brent­wood sec­tion of L.A.

Dre fur­ther obtains full pos­ses­sion of its mas­ter record­ings, trade­marks and inter­ests in part­ner­ships and trusts, as well as their Apple stock, which includes the pro­ceeds from the sale of Beats by Dre.

As for Dr. Dre and Nicole’s vehi­cles, they’ve split their fleet of cars, Dre will get six and Nicole will get four. The types of cars were not specified.

As for Nicole, she will keep her jew­el­ry, mon­ey and the bank accounts she had dur­ing the wed­ding. How­ev­er, she is respon­si­ble for her own legal fees, which a judge alleged­ly ordered Dre to pay a por­tion of $ 500,000 by May 7. Nicole’s legal fees are said to be in the mil­lions of dollars.

Nicole also keeps the objects of their dif­fer­ent hous­es which belong to her and which have been stored.

The divorce set­tle­ment also voids any spousal sup­port, which Nicole had received $ 2 mil­lion a month on a tem­po­rary basis from ear­li­er this year. Child sup­port was also not a dis­cus­sion as the two share adult chil­dren: a son named Tru­ice and a daugh­ter named Truly.

In April, Dr Dre and Nicole Young filed doc­u­ments to legal­ize their sin­gle sta­tus, which was approved at that time despite their divorce not hav­ing been finalized.

Ear­li­er this month, an image sur­faced online of Dre sit­ting in front of bal­loons that spell out “DIVORCED AF,” so he’s clear­ly embrac­ing this new chap­ter in his life fully.

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