HikeArizona.COM

Sportscaster Nantz to pay ex-wife $916,000 a year

Ruling: Nantz must pay $72,000 in alimony monthly until he dies or his ex-wife remarries
by Stephanie Reitz -Nov. 3, 2009 09:57 AM Associated Press

HARTFORD, Conn. -CBS sportscaster Jim Nantz must pay $916,000 yearly in alimony and child support to his ex-wife and give up their Connecticut home under terms of a newly issued divorce decree.

The ruling, made Monday in Bridgeport Superior Court, dissolves the 26-year marriage of Nantz and Ann-Lorraine "Lorrie" Carlsen Nantz. It comes after both testified about the breakdown of their marriage; Judge Howard Owens concluded neither was at fault.

Nantz, described by Owens as "our nation's most prominent sportscaster," filed for divorce last year from his wife after years of marriage counseling, according to the decree.

Although Nantz, 50, acknowledged he started dating a 29-year-old woman before the divorce was final, the judge concluded the marriage deteriorated years earlier and "this remote event in no way contributed to the breakdown of the marriage."

Owens noted that the couple didn't share the same interests in Nantz's television career, which required frequent travel as the network's primary commentator for college football, golf and basketball, as well as appearances at charity events.

"In fairness, for most of the years he prioritized his family obligation and put his wife and daughter Caroline first. As frequently happens in marriages of lengthy duration, the parties do not have the same interest and ardor for their spouses' endeavors," the judge wrote in his decision.

Under the ruling, Nantz must pay $72,000 in alimony monthly until he dies or his ex-wife remarries, and another $1,000 weekly in child support for the next two years.

Nantz's attorney, Gaetano Ferro of New Canaan, said Tuesday that the famed sportscaster only wants what's best for his daughter and will not fight the terms of the divorce decree.

"He always wanted a peaceful resolution of an unfortunate situation," Ferro said. "He never wanted a trial, never wanted it to come out this way, never wanted a public spectacle. He wants to put it behind him."

Lorrie Nantz will get their home and a separate condominium in Westport, while Jim Nantz will get their home in Houston and a luxury condominium in the Deer Valley ski resort in Park City, Utah. They were awarded joint custody of Caroline, 15.

He also must pay Caroline's college expenses until she reaches 23 years old and has to split various joint accounts with Lorrie Nantz, including the current value of his pension through the Screen Actors Guild.

He also must keep his ex-wife listed as beneficiary of a $3 million life insurance policy while he's still paying alimony and/or child support, and pay $70,000 so she can join any country club of her choice.

She had been seeking more than $1.5 million in yearly alimony and child support.

Court documents cited Jim Nantz's $3.2 million salary from CBS and other assets, including millions in other income, shared investment accounts, real estate and other property.

chumley wrote:Owens noted that the couple didn't share the same interests in Nantz's television career

te-wa wrote:i wonder.. does he have any Italian friends with a big trunk.. or is he going to make such friends very soon..

Infra wrote:Did I just open a completely different can of worms here?