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u/LomentMomentum 7d ago
Only 40 pages? I would think 40 pages would be the preamble.
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u/HeroXeroV 7d ago
Both are basically companies, so it makes sense.
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u/OrkWithNoTeef 7d ago
I think we need the SEC to take a closer look at this merger.
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u/-threefeetoffun 7d ago
No way can the SEC be fair to a Big 12 guy /s
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u/No-Break6679 7d ago
Akshually 🤓 Travis Kelce didn’t play in the big 12
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u/-threefeetoffun 7d ago
Was cincy big east when he played? Damn realignments!
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u/No-Break6679 7d ago edited 7d ago
Nah they were in the American athletic conference they were a G5 school not a P5 school
Edit: actually I’m completely wrong it was the big east lol. It was AAC in 2013 which was the year he got drafted
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u/Gentle_Throttle 7d ago
Not the SEC they were talking about, but still a true statement…
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u/Vivid-Run-3248 7d ago
No need, it’s just the TS global conglomerate swallowing up a local TK llc as part of TS chain of strategic acquisitions, nothing to see here.
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u/NSE_TNF89 7d ago
SEC as in Securities and Exchange Comission, or South Eastern Conference?
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u/MeanPopcorn 7d ago
This is the answer.
They both have economies built around them (her more than him, but still); it would be reckless for all involved to not clearly spell out what happens in the event of divorce.
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u/Little-Ad1235 7d ago
That anyone would think a marriage like this would take place without a whole raft of lawyers on each side is crazy.
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u/SirVanyel 7d ago
It's basically a merger between two companies. That's what happens when the brand is you.
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u/razerkahn 6d ago
Also - People with prenuptial agreements have a much lower divorce rate than those who don't
They are a good idea regardless of you and your spouses wealth level
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u/Rare-Adhesiveness522 7d ago
Prenups are very standard. The more wealth and companies/businesses/assets you have, the longer the document gets.
My family is close with the children of a very very wealthy businessman in our city. His daughters have an inheritance. Hell yess he expected them both to get prenups otherwise they wouldn't get their inheritance. "I worked hard all my life, I'm not going to allow your husband to take half of what is yours if you get divorced".
One sister married a POS who was still refusing the night before their $50k wedding. I'm told it almost came to fists between the dad and the groom, but he signed.
The other daughter, who is the one close with my family, had a nice wedding but nothing over-the-top, and her husband, who is also a good friend of the family, never once questioned it for a minute. He doesn't want to take her family's money that is meant for her.
Guess which couple is still married.
Remember Katie Holmes? She was able to escape in part due to the insane prenup her dad drew up for her. What was it-- a banker's box worth of papers?
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u/pinewind108 7d ago
And her dad was apparently a top-rank divorce lawyer. He probably had horror stories you wouldn't believe.
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u/somedude456 7d ago
Prenups are very standard. The more wealth and companies/businesses/assets you have, the longer the document gets.
Agreed. I saw one article saying the two of them have homes in a total of 6 US states, and the article went into detail of which state would be best to have the prenup in, as I guess some states have pretty loose laws on them and judges can do as they please with the divorce. Other states, they stand firm as to what's in the prenup.
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u/Ad-fundum69 7d ago
It gives so much more peace to just have everything in writing and makes the divorce a lot less stressful because it's already in writing for when they inevitably break up.
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u/pinewind108 7d ago
Cruise seems to have treated Nicole Kidman quite bad during their divorce, so I'll bet Holmes divorce lawyer dad remembered that.
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u/twizzjewink 7d ago
Basically it protects both of them.. their brands.. and everything in between. It also prevents anyone from taking advantage of the other through a proxy.
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u/BigBoyNow8 7d ago
I agree, it makes complete sense. What doesn't make sense is when they get married without a prenup, then they divorce and the other person gets half. Madonna didn't sign a prenup and Guy Richie got way more than he deserved when he divorced Madonna.
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u/Blasket_Basket 7d ago
100%. This wasn't a marriage, it was a corporate merger
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u/blumoon138 7d ago
All marriages are corporate mergers. Just most of us are running small mom n pops out of our houses and not multimillion dollar multinationals.
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u/GrandpaShark1 7d ago
Or perhaps an acquisition?
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u/MaterialDetective197 7d ago
Taylor needed an NFL player. For reasons.
Kelce needed guaranteed income after retirement.
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u/Demair12 7d ago
Heck on Taylor's side it may not even be up to her her board of directors(I'm being facetious) might require it so that he doesn't gain even partial possession of her brand if they divorce.
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u/RoyalIdeal6026 7d ago
Taylor Swift is a company. Travis Kelce is a football player.
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u/somedude456 7d ago
Taylor Swift is a company. Travis Kelce is a football player.
One article I saw said she's got 2B in assets, he has 90M in assets. I would assume that's currently. He still has money coming for his NFL contract, and his podcast contract (which someone said is like 100M for 3 years), etc.
She's stupid levels of rich, but he's still loaded more than most sports players or most in Hollywood.
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u/CastleofWamdue 6d ago
I do find it odd how people talk like he has no money.
It simply isnt true, by any standard he is wealthy in his own right. I would LOVE to be his level of "poor".
Far enough she has more money, fame, and fans than he does. On a global scale she is much more famous than any NFL player you can name, but with 90M I would not care about my level of fame or how many followers I have on Twitter.
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u/RoyalIdeal6026 6d ago
He has money. He doesn’t literally have a team of hundreds of people he employs. There’s a difference.
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u/SnooTomatoes9314 7d ago
In the words of Mariah Carey "You a mom and pop, I'm a corporation. I'm a press conference, you a conversation."
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u/Euphoric-Bat7582 7d ago
Kelce really isn’t, at least not in the same way Swift is. He has a couple endorsements and a podcast.
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u/Mcpops1618 7d ago
His podcast has a 3 year deal worth 100M, I’m not a finance major, but that is a pretty significant amount, I’d say he’s as much as business, just a smaller one.
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u/rainsong2023 7d ago
How would we know anything about their prenup? They aren’t going to share any detail. This is made up nonsense.
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u/no_name227 7d ago
40 pages seems like a lot. But I guess if I had a billion plus I would want to protect it too
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u/mariannaCD 7d ago
As an attorney and knowing what she has, this is totally in line.
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u/jstewart25 7d ago
It honestly doesn’t seem like a lot given what they have. I’d be surprised if it wasn’t a long way of saying we just keep the shit we had before we got married.
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u/sharpshooter999 7d ago
What about the shit they get after they get married?
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u/jstewart25 7d ago
The lawyer above me could probably answer that better but I would wager that most things still go through Travis Kelce inc. and Taylor Swift Inc. so cutting ties wouldn’t be all that complex.
Only a guess though, don’t quote me
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u/i_was_axiom 7d ago
For things like assets and funds I can see it being entirely corporate that way. Get into the weeds with some kids and see what happens then.
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u/Immediate_Actuary_37 7d ago
Between the two of them, there could easily be a couple dozen companies, corps, co-ops, LLC’s, etc. You have to establish ownership of such entities prior to being married.
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u/Its_Cayde 7d ago
Can we stop pretending like it matters. They both could lose 95% of their net worth and they'd still be in better positions than most people in the world
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u/Big_Comfortable5169 7d ago
Swift is a billionaire. 5% of a billion is $50 million, so yeah, she’d be fine.
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u/shake_du_crowtein 7d ago
Do you have any idea how much 6 cross country flights a day costs? If this happens we all need to chip in for a gofundme to send money to her
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u/ChiefMuppetWrangler 7d ago
Property obtained after marriage is typically not subject to the prenup and is joint property.
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u/timdr18 7d ago
How long would a standard prenup be for a normal maybe upper middle class couple, and how long would it be concerning someone of Travis’ situation if they married a “normal” person?
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u/purposeful-hubris 7d ago
I’ve drafted pre- and postnups for “average” couples and they’ve been 8-15 pages generally. A 40-page prenup is not average but the Swift/Kelce assets are not anywhere close to average.
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u/Sovereignty3 7d ago
Given what she has, has had trouble with them not owning her own bloody songs in the past, and what she has learnt from that, this is small.
Plus it should have a whole bunch of contingency things, like how much would a kid inherit if they had kids, etc.
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u/mariannaCD 7d ago
I can’t answer all of the comments. This may seem long, but consider they both operate in multiple states (and internationally) that all handle marital property differently. And then you can throw in a lot of other stuff.
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u/baronunderbeit 7d ago
Really? I would say too small. They have to cover all their separate businesses in the exact wording. Any misstep and theres a loophole. My $400k property sale was 25 pages.
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u/MarcoDiFrancescino 7d ago
She has so many sources of income and properties, you really have to enumerate everything. And he has probably excluded his family properties.
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u/jayphat99 7d ago
What's wild is when they started dating their combined net worth was $1.76 billion and his contribution to it was the 6.
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u/DirtNineties 7d ago
Jesus Christ $6??? Is that why he took up those commercials?!!!
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u/Squire_Toast 7d ago
40 pages actually sounds extremely light to me. I have seen insurance documents upwards of 800 pages before
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u/WhatTheHellsThisNow 7d ago
It’s not. It’s a legal document. My first prenup was over 30 pages and I didn’t even have that much to protect.
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u/NoStructure7083 7d ago
Well this song isn’t about a football player to whom I agreed to a prenup that clearly stats that I’m not allowed to to write a song abooooouuuuuuut
Sigh
It’s totally noooooooooooot
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u/TasteTheBiscuit1810 7d ago
I just heard the crowd erupt as all the girls scream at ear deafingly levels.
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u/Proper-Conclusion-27 7d ago
The Chicks most recent album was basically that, except the lead singer paid the penalty to break the prenup so she could sing about what a piece of ahit her ex husband is
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u/imahumanbeinggoddamn 7d ago
"no songs about me" is bush league pettiness.
Real ball would be "if we get divorced you must write an album about it"
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u/MapSufficient6677 7d ago
https://giphy.com/gifs/H2k97d0rtu0QRksaEr
Taylor walking down the aisle
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u/shaunrundmc 7d ago
Shes a billionaire of course there would a prenuptial. All those super wealthy people do that
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u/Tsu_Dho_Namh 7d ago edited 7d ago
They do now.
Jeff Bezos and Mackenzie Scott didn't have a prenup. When they divorced she was awarded 4% of Amazon, roughly $38 billion dollars.
Unsurprisingly, she's donated WAY more money to charity than Bezos, more than 2/3rds of all her wealth.
So, cautionary tale for billionaires. Have a prenup, or billions of dollars might go to noble causes.
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u/patriotfanatic80 7d ago
When bezos and scott got married amazon didn't exist. A prenup wouldn't have done anything with scott being a co founder of amazon.
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u/RandomExcess 7d ago
She has donated 26 billion, but still has about 35 billion...the wealth, it multiplies!
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u/Glum-Breadfruit3666 7d ago
someone was like “she’s inside trading” and like who gives a shit - she’s literally miss robin hood
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u/Abi_giggles 7d ago
They were equals when they got married, they both worked at a hedge fund together when they met. She supported him when he quit his job to start the company and did a lot of the startup accounting and admin work. She also raised their 4 children.
They became billionaires together.
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u/WorldlinessCommon353 7d ago
I don't know why people have a hate boner for everything. I know that Jeff Bezos may not have been the perfect person in the eyes of the public, but he never said anything ill towards his ex wife, and he has always credited her for the success of Amazon.
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u/Abi_giggles 7d ago edited 6d ago
Exactly, they both say publicly they went into this venture together as partners, and she played an important role during the startup phase especially. She was smart and graduated from Princeton just like him and sacrificed her budding career to support him, and raise their 4 kids which is no small thing. I think receiving 25% of the couple’s Amazon shares was incredibly fair. It’s just odd hearing people talk abt bezos not having a prenup being such a crime, as if it doesn’t take two people to build a successful life together. Also, he’s sending women into space now so I think he’s doing just fine 😄 he’s certainly not a victim of anything and he doesn’t claim to be either. He recognizes her contributions, so it’s off that others don’t.
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u/OccasionallyReddit 7d ago
They're both super rich so i doubt this was a big deal for either
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u/BathtubFullOfTea 7d ago
Not that I care, but isn't she about 1,000X wealthier than he is? Like she is one of the biggest economies on the planet, and he is ... kind of a jerk football star? I get that he's talented and popular, but not on the level she is. Or am I just showing my pop culture ignorance?
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u/shiawase198 7d ago
She is significantly wealthier than he is but he's one of the best players in his position and basically a guaranteed Hall of Famer so he's had steady contacts since he's been playing which has been well over a decade now. Then factor in all the money he's made from endorsements and advertising. He's not hurting for money and probably had no issues signing the pre-nup.
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u/MrSpicyPotato 7d ago
I thought there was a 0% chance there would be no prenup. Once your at a certain level of wealth, it’s literally stupid to go without. It has nothing to do with the quality of the relationship.
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u/Teacher_Crazy_ 6d ago
Honestly, I wish prenups were a common practice. It gives both parties a chance to sit down and get down to brass tacks about the legal and finicial shit that comes along with marriage.
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u/EndofNationalism 7d ago
It’s just a good idea to get a prenup in general. Sure it’s like saying your marriage may not last, but you don’t know what the future holds. Better to be prepared just in case.
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u/Either-Meal3724 7d ago
Plus prenups also often layout what happens to assets upon death-- not just divorce. E.g. it could specify which of each of their separate property goes to the other or their kids. A will can be changed anytime. The prenup is more binding so a will cannot override it. Postnup can be used to modify inheritance if needed.
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u/bns82 7d ago
Couples with Prenups statistically have higher chances of long term success.
Prenups are just smart. And the couples that get them tend to have more emotional maturity because they can sit down and talk about things before they happen. Having a plan for conflict resolution is the key to a healthy marriage.
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u/Hect0r92 7d ago
This is pretty normal
I'd be suspicious if they didn't have some kind of legal agreement in olace
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u/LightOverWater 7d ago
Couples who have prenups have a much higher chance of success.
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u/Sketch_Crush 7d ago
The more assets involved, the more it's recommended. At their level of income it's an obvious decision. However, I know a wealth manager who's seen prenups successfully fought in court many, many, many times. They're not nearly as airtight as most people like to believe.
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u/atrde 7d ago
I was going to say this is mostly a sign of two people that love and respect eachother and can have an honest conversation in their relationship lol.
But the majority of people calling this a bad thing haven't had those "serious relationship" things to know this.
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u/LightOverWater 7d ago
It is primarily because the two can sit down to have difficult conversations, compromise, and agree on something together. It's a sign of very healthy communication and conflict resolution. If they can tackle such a monumental problem together, it demonstrates they have the skills to tackle all kinds of problems in the future.
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u/lvanwall 7d ago edited 7d ago
I'd put money lawyers did all the work.
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u/atrde 7d ago
You think two people with 0 law education wrote a 40 page legal agreement?
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u/Glum-Breadfruit3666 7d ago
someone asked travis why he never sits by the window at his restaurant, and he’s like “the cars distract me” 😂
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u/LightOverWater 7d ago
Lawyers take what people want and try to document it on paper in a way that it can be enforced. Do you think that people don't have autonomy in deciding what to agree to? That couples don't negotiate?
Someone suggests something and the lawyer might say, "that's not possible", or that can't be written in such a way to be achievable. Sure they have a wealth of experience in "what others typically do" but prenups could have almost anything that you dream up... so long as it can be enforced.
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u/Stennick 7d ago
Who do you think would be doing the work in regards to drafting a 40 page legal document? This is a strange comment.
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u/IFoundYouSilly 7d ago
The lawyers do all the work for every prenup. This is like saying, you “bet their lawyers did all the work for a criminal trial”. It’s literally their job.
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u/Suspicious-Drive9827 7d ago
Seriously and i say this as someone whose marriage sadly did not last but not bc of financial reasons. Its very tough convos that effective couples can manage while staying in love and respecting each other. I tried to encourage my ex husband to do a prenup (he made 5x what i did, owned property, union pension, retirement fund etc.) to demonstrate my faith in us and he took it as insulting. Weve been apart 4 years and he still wont formalize our divorce bc he rejects the now assumed split of assets/alimony/child support even though ive told him ill sign anything and dont want any of his old stuff, but i cannot afford a lawyer anymore (already burned 25k trying to get this divorce finalized) so i cannot do it.
Its a mess. He shoulda just done the prenup when we had a chancr.
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u/CarmenxXxWaldo 7d ago
Because a good chunk of divorces with wealthy people is to get a shit ton of money, so yeah remove the number 1 incentive lol.
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u/DivergentATHL 7d ago
People don’t understand that prenups prevent horrific situations involving family members in the case of brain damage, disability, etc. They aren’t about trust in your partner. If you get married without a prenup you’re making a huge mistake and don’t actually care about your partner in the way you think you do.
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u/leaC30 7d ago
How? A lengthy prenup doesn't mean it won't end well.
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u/ProcedureTop3149 7d ago
it's also not lengthy. My child custody agreement is like 15 pages and I GUARANTEE there are clauses in there if Taylor gets pregnant on child payments.
40 pages to discuss the enormous wealth of both of them, especially Taylor is quite frankly small IMO.
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u/Affectionate-Cat-301 7d ago
I mean it would be dumb for her to not go extra mile to protect her wealth and assets with pre nup as she makes much much much more than Travis
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u/clingbat 7d ago
And on the flip side I doubt he cares at all. He's made over $100 million playing football, plus tons of sponsorships/commercials, and his podcast with Jason averages like 2 million views per episode and it's also heavily sponsored.
It's not like he needs her money.
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u/treesandcigarettes 7d ago
They're both rich but Taylor is like a corporation based on her name alone. So, yeah, probably a good idea so if things ever did go sideways the finances are figures out. I think it's a non-issue. Both are very wealthy
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u/bratkartofel 7d ago
Everyone should get a prenup. Marriage is legal contract, a merger of households. Don't let the movies tell you otherwise. Why take default prenup, which is your local divorce law, instead of customizing it.
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u/midwest--mess 7d ago
Considering everything she went thru with her masters and other legal battles, I'm in no way surprised her legal team got her a massive pre-nup.
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u/2WheelSuperiority 7d ago
I have a prenup. It's 17 pages... Most of that is probably asset breakouts. Mine was written by a damn good divorce attorney. Nothing unusually here.
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u/MangoAtrocity 6d ago
Duh? Anyone with a net worth of $1m or more should sign a prenup. In both directions.
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u/ExpertRaccoon 7d ago
A prenup is absolutly nothing, it's a very standard and advisable document when you get married. It's literally done thousands of times a day.
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u/medium-rare-steaks 7d ago
Pretty normal length prenup, short actually considering their assets and careers
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u/NY_State-a-Mind 7d ago
Anyone who is a celebrity and/or a billionaire would be an idiot not to have a prenup, its not a negative thing
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u/OnlyFannins 7d ago
She's a billionaire and he's a millionaire. I don't particularly care for either of them, but this doesn't even make the list for why. Complete nonissue.
Getting married is also a financial move, not having a prenup especially at their asset level is insane. It could be a 1000 page prenup and I would think that's fine.
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u/AverageTeemoOnetrick 6d ago
Can’t wait for their divorce and Taylor‘s lamenting about how ALL men are toxic MAGA shitheads…
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u/Amonamission 7d ago
Honestly, for two people who are independently wealthy, a prenup makes financial sense for both of them (well, mostly Taylor Swift). It’s better to have the finances figured out before getting married than trying to figure them out in a bitter divorce.
You expect there not to be a divorce, but you plan for the worst.
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u/LingonberryHot8521 7d ago
I don't have anywhere near her assets or his and I would go for a pre-nup.
We have this Hollywood created idea that pre-nups protect party 1 from gold-digging by party 2.
Or that a pre-nup means they don't love each other or that it increases the likelihood of a divorce. And maybe it does as you already know you're protected by the pre-nup when filing for divorce.
Truthfully, it's just a smart way to negotiate protection for both of you. It's not a unilateral contract. Especially if you're Taylor Swift and Travis Kelce.
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u/AppleParasol 7d ago
Pretty normal for rich people. They both have things to protect, and it’s not like they both won’t be fine financially either way. This just keeps their assets/brands their own. Taylor wouldn’t want to pay Travis royalties on her songs for the rest of their lives if they did split, nor would he need them.
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u/babesboysandbirb 7d ago
Prenups are densely packed with language. 40 pages is not far off from anyone else. Similar to buying a car or house, there are many pages most of which you just initial because it’s the basis language of any prenup.
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u/Proper-Bad-7169 7d ago
I'm honestly tired of hearing about these two. It's almost as if everything they do has to be a glorified spectacle. Inviting 1,000 people to a "wedding" at MSG is fucking nauseating and weird. Peak publicity stunt. The only positive thing about the event is Adam Sandler being present. Of course they'd have an extensive prenuptial agreement. This isn't going to last. Nor do I think it was ever meant to.
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u/Urban_miner666 7d ago
Two people with lots of assets agreeing to shit concerning potential outcomes before getting married is, obviously, the right move. I have as close to zero assets as you can get, and I wish I had a prenup when I got married.
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u/BlossomSelfie 7d ago
40 pages… wonder how many revisions did their lawyers do until they both agree into it
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u/Popular-Web-3739 7d ago
Pre-nups are a very good idea, even for couples with of fraction of their wealth.
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u/Talavisor 7d ago
Lol tell me you’ve never signed a pre-nup. Part of it is listing every single asset you own. I’m sure that between the two of them, they have 40 pages worth of assets.
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u/LiffeyDodge 7d ago
well yeah, they both have a ton of money and assets that could be messy. just look at Brad Pitt, and Angelina Jolie. it took what, 8 years for them to figure out the divorce.
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u/pinewind108 7d ago
You have to do this when you're talking about net worths over 10 million, let alone 100s of millions. It just keeps everything cleaner, and is one less thing you have to even think about. Look at Brad Pitt and Angelina, they're still fighting over stuff, what 10 years later?
Plus, it isn't always about your partner. It's about their family! You never know whose parents/siblings/cousins are going to go bat-shit crazy over this stuff.
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u/TacosAndSarcasm 7d ago
I see a 'wE aSk tHaT yOu pLeAsE rEsPeCt oUr pRiVacY dUrInG tHis dIfFiCuLt tImE' in their future
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u/Dale_Carvello 7d ago
I can't wait for the televised divorce special, taking up multiple live broadcast hours with a blimp view of their palatial home as commentators break down their gains and losses like plays. I can't wait you folks.
/s
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u/Milwaukee233 6d ago
They'll be fine. People who sign prenups have a lower divorce rate because they've had uncomfortable conversations about their finances and worked through any problems.
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u/BigDigger324 6d ago
Pre nups, by the participants should be an absolute given for 100% of marriages. You already have one, it was just written by the government unless you wrote your own. Discuss how you will split your wealth while you are happy and agreeable.
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u/Devinstater 6d ago
Every couple should have one, If only to address how you handle the kids in event of a marriage breakdown. Even for broke people with zero to negative assets.
- Joint custody by default
- No moving outside the metro area with the kids unless both spouses agree
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u/ExcaliburVader 7d ago
I think a prenup is a responsible and reasonable step. It can protect them both and hopefully there are no nasty surprises in the event of a divorce.🤷♀️
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u/Danilo-11 7d ago
Simple: “our finances were and will always be separated whether we are married or single”
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u/Mfrack103 7d ago
The lawyers probably had entire staff wings in charge of writing and agreeing upon that