Wednesday, November 05, 2008

Is $10 Million Too Much?


About a month ago I posted something about how Terri Seymour was given a Beverly Hills house by Simon Cowell which was valued at about $5M. Turns out that is not all she got in their split. Simon also gave her $5M in cash as well. So, ten million bucks for several years with Simon Cowell. Is it worth it? Would you do it? I am wondering if she had to sign some kind of confidentiality agreement. I would imagine she did, although Simon's rep basically confirmed all the payments to Terri.

"This isn’t the kind of thing he usually comments about." Well, does he usually pass out checks for $10M to women? I mean there is not a big frame of reference here for whether he usually comments on these things. "Yeah, he comments about them when they get to $20M, but if it is just $10M it is another day in the office."

I think Simon would probably be a pain in the ass to deal with, but I am too and I'm not handing out $10M checks. I think they genuinely loved each other and she just wanted more and he didn't. So, she split and he thanked her by giving her $10M.

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