Tom Cruise Didn't Pay Katie Holmes Lump Sum in Divorce Settlement

07/13/2012
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(TMZ) Tom Cruise did not pay Katie Holmes a lump sum in his divorce settlement, but he will pay handsomely in the child support department ... sources familiar with the situation tell TMZ.

Our well-connected sources tell us ... reports that Katie scored $50 million are "ridiculous." We're told she did not get a lump sum of money at all. As we previously reported, Katie signed a prenup which gave her goose eggs by ending the marriage. And, sources connected with Katie have been telling us from day 1 that she was not after his money. As one source put it, "She has her own money."

We do know, however, that Tom is paying "a lot of money" in the form of child support. Tom will be making regular payments for 12 years. Our sources say all tolled, Tom will be paying "more than $10 million" in child support, though no one would be more specific. more on this story

TMZ submitted this story.
Copyright TMZ - Excerpted here with permission.

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