Bubba the Love Sponge owes wife $1,150 per month in divorce, but not much else
Lest the cast of Spring Breakers take up all our time and energy, The Juice* legal department has obtained details of shock jock Bubba the Love Sponge Clem's settlement with his ex-wife, who actually signed her name in court papers as Heather Dawn the Love Sponge Clem. Imagine the name change forms she's going to have to fill out!
Actually, a Feb 13 settlement agrees she is changing her name back to Heather Dawn Cole, so it won't be that big of a deal. Neither was her alimony: In papers filed at the Pinellas Circuit Court, Heather will receive 56 months' worth of alimony starting March 1, totaling $1,150 per month. That's not a lot for a guy who claimed annual income in 2010 of $1.55 million. Maybe that's why she also got a one-time payment of $20,000, too.
Heather had listed monthly expenses of more than $16,000, including $1,000 per month for vacations and $1,500 per month for entertainment, $1,000 for cosmetics and sundries and $1.500 for clothing. That's more than The Juice* has spent on clothes in the last year, sorry to say.
He also has to kick in a couple thousand dollars to her IRA account. She made $30,000 working for him at Bubba Radio Network -- a job she can still have through late 2016 when the alimony runs out, unless she remarries before then. Bubba still has to pay for her health insurance, too.
Heather also gets a raft of cooking utensils and equipment, plus the couple's Chevrolet Suburban and Chevy Silverado. That leaves Bubba with just a Harley and a 2001 and a 2003 Daewoo to get around. Two Daewoos? Really? At least he has three jet skis, too. In fact, Bubba also has $200,000 in rock 'n' roll and sports memorabilia, contributing to assets worth $2.9 million.
Bubba reported current business income of $30,000 per month. He owns or has invested in companies like Clem Racing, Inc.; Bubba Bean's Iron Works, which he co-owns with manager Thomas Bean; and BRN Travel. The 45-year-old already has to pay $4,500 a month in child support for a son, Tyler, from a previous relationship. Heather, 37, has a daughter named Julia from a prior relationship, too, but she and Bubba have no children of their own.
What he has is a house worth $936,000 (with a $605,000 mortgage), plus a vacant lot valued at $444,000 (with a loan of $584,000), contributing to $2 million in obligations. That net worth dropped really fast.
Bubba and Heather are both responsible for their own legal costs, though, and both have agreed not to talk about each other in public. That was cause for consternation in a series of contempt motions filed because Bubba would go on his show and say things like "I hope to f--- she loses" her engagement ring -- a bauble he said on air cost $73,000 but was valued at $50,000.
The pair married in January 2007 at First Baptist Church of St. Petersburg, in a relatively traditional wedding featuring Hulk Hogan as best man. Howard Stern and several members of his on-air crew attended, as did former (Chicago) Tribune Co. CEO Randy Michaels.
The judgment was approved Feb. 23. The reason for the divorce was irreconcilable differences. Bubba, nee Todd Alan Clem, has said he worked all the time. With more than a million-five in annual income, that much is obvious.
[Photo: Times files, 2007]