According to court documents, Amber will receive $1 million under the prenup signed prior to her and Wiz's 2013 "I do's." Wiz has already paid $356,000 of this and still owes Amber $644,000. The rapper will also pay his ex $14,800-a-month in child support for their 3-year-old son Sebastian "Bash" Taylor Thomaz. Amber and Wiz will continue to share legal and physical custody of their son.
The former couple, who both filed for divorce back in 2014, have made co-parenting their son a top priority. Although Amber and Wiz had their fair share of ups and downs when they first split, the exes have been quite amicable for some time and continue to support each other personally and professionally. Earlier this year, Amber attended Wiz's album listening party in New York, she regularly shares photos and videos of the rapper spending time with their son Bash.
"We obviously loved each other so much–we still love each other," Amber said of her ex on the podcast Guys We F--ked (as excerpted by People). "Even when we talk on the phone or see each other, it's always like, 'All right babe, I love you, I'll talk to you later.' We still really, really love each other, we just can't be together. We're not good in a relationship ... He was the love of my life. He was the only man I've ever loved."
TMZ was the first to report the settlement.