Today we're spinning this list upside down and determine what each of these athletes would have to pay in hypothetical Michigan child and spousal support. Today we're examining Detroit Tigers superstar Miguel Cabrera who lands at number 36 on the Sports Illustrated list. Miguel is coming off a Triple Crown season, and is the middle of an 8-year contract that pays him 152 million dollars.
Cabrera will earn $21,000,00 dollars this season on the field and approximately $200,000 off the field in endorsements. If Miguel Cabrera were to be divorced in Michigan, he would certainly fall off this list of top earners.
Let's assume Miguel has his kids half the time, meaning they reside with him 182 days of the year. The other days the kids would be with the mother. If he had three children, he would have to pay approximately $91,243 per month to the mother of his children in Michigan child support. If he had two children, he would have to pay $72,040 per month. This payment would go up to each child's 18th birthday. If these kids are young, Miguel better get a second career, because it won't be cheap. Each year, Miguel would be paying $1,094,916 if he had three kids and $864,480 if he had two kids. That could be over 19 million dollars for three kids over the course of 18 years.
But wait, it doesn't stop there. Miguel would have to pay his ex-wife spousal support for a number of years. For a 5 year marriage, Miguel would have to pay approximately $185,072 per month for between 1.5 and 3 years. If it was a 10 year marriage, Miguel would have to pay $214,049 per month for 3.3 to 5 years. At the high end of spousal support, Miguel could be looking at paying almost 13 million dollars to his ex-spouse in Michigan spousal support.
Now just because the formula says these are the numbers, Miguel's Michigan divorce attorney would argue for much lower numbers, and might prevail. There would also be the issue of dividing real estate, personal property, bank accounts, investments and other financial assets. If Miguel at some point was earning less money or retired, his attorney would need to modify these support numbers, because it's not possible for Miguel to maintain these type of numbers when he's no longer a top earning athlete.
Our list is meant to educate people on the impact of supporting children and being divorced from a spouse. Our team has absolutely no insight into the athletes family situation; some of these athletes are not married, and may not have any kids. Most of these athletes do not even reside in Michigan. We're simply taking their income and conducting educated calculations. These calculations do not factor in property settlements, retirement plans, personal property, different parenting time scenarios, different taxes. These articles are more for education purposes. rather than true outcomes.