Nick Lachey Agrees to Reduced Sum in Jessica Divorce Settlement

When you own an ABA team, money comes pouring in. That gold mine, combined with the seemingly kind heart of Nick Lachey, led the singer to agree on a reduced sum in his just completely divorce settlement.

While Lachey and Jessica Simpson were officially divorced months ago, the duo never signed a pre-nuptial agreement. Therefore, Nick was entitled to half of Jessica's assets (not THOSE assets), estimated at $36 million.

However, Lachey agreed to take considerably less than 50%, according to published reports.

In the property settlement, Nick will take significantly more than the $1.5 million Joe Simpson has initially tried to offer, but less than half of what he and Jessica earned during the marriage. Two sources in Nick's camp made it clear to TMZ that Lachey agreed to end the dispute because he didn't wish to hurt anyone in a contentious court battle.

That's sweet. Plus, Ashlee Simpson could really use some extra cash from her sister about now. In lieu of Braxton Olita, Ash may seek comfort in much, much more plastic surgey.