Secret Split Deal! Will Smith & Jada Pinkett Smith's $240 Million Divorce – They Decided To 'Pull The Plug'
Aug. 3 2015, Updated 5:37 p.m. ET
It's over! After 17 years, RadarOnline.com has exclusively learned that Will Smith and Jada Pinkett Smith are ending their rocky marriage – with a blockbuster secret divorce deal.
"For Will and Jada, holding it together these past few years has been tough because their marriage has been on life support for a long time," an insider told Radar.
"They're exhausted from trying to maintain the façade of a happy union," the source continued. "They've decided to pull the plug in a carefully choreographed manner, and agree announcing their split at the end of the summer is the right move."
The A-listers have already "worked out a confidential settlement to protect their $240 million fortune, and prepare their kids son Jaden, 17, and daughter Willow, 14 for the fallout," said the insider.
Hinting at their split earlier this year, the Bad Boys stud, 46, admitted that their marriage had "died" during an interview. Meanwhile, Pinkett Smith, 43, seemed to acknowledge Will's notorious wandering eye, telling Howard Stern: "I'm not his watcher. He's a grown man."
She later added that she's fine with Will's ways, "as long as Will can look himself in the mirror and be okay."
Rumors have persisted since 2013 that Smith romanced his Suicide Squad co-star Margot Robbie. He's also been pictured without his wedding ring.
Pinkett Smith also allegedly cheated in 2011 with HawthoRNe co-star Marc Anthony.
"They tried to fix things with therapy, but it's not happening," explained the source.
Said another source: "They're already moving on with their lives. All that's left is the inking of the divorce papers."
UPDATE:
In a Facebook post published Monday night, Will insisted he and Jada are "not getting a divorce." She tweeted, "My king has spoken."
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