Friday, July 15, 2011

Jin Mosley Beats Shane for the Belts


Sugar Shane Mosley's ex-wife Jin awarded three of his title belts in their divorce...

Last December we found out boxer Shane Mosely had been ordered to pay his ex wife Jin $20,000 a month in alimony [click here if you missed that]. Now adding insult to injury comes word that Jin was also awarded 3 of Shane's championship belts.

From TMZ
The settlement provides that ex-wife Jin "shall maintain custody and control of three championship belts for each of the respective parties' three minor children." Each of the kids get a belt when they turn 18.

And Jin will get half of Sugar Shane's cut of profits from videotapes and DVDs of his big fights, including bouts with Oscar De La Hoya, Miguel Cotto and Fernando Vargas.

Since the divorce was filed in California and community property rules apply, Jin gets half of Sugar Shane's fight purses during their marriage. But luckily for Sugar, his big fight against Manny Pacquiao was held after the couple separated, so his $3 mil is his alone.

And get this ... the couple accumulated 854,410 American Express points during their marriage, and she gets half. To put that in perspective, for Jin's 427,205 points, she can buy either an industrial generator or a 10-speed bike.