Kris Aquino Signs Last ‘Financial Settlement’ with Ex-Husband James Yap

After more than a decade of co-parenting and complex legal arrangements, media icon Kris Aquino has finally signed the last financial settlement with ex-husband and professional basketball player-turned-politician James Yap — officially closing a long-standing chapter in their lives.

The final agreement, signed earlier this month in the presence of legal counsel from both parties, addresses the last set of financial responsibilities related to the upbringing of their son, Bimby, now 17 years old.

So, how much is James Yap responsible for “providing”?

According to a source close to the Aquino legal team — who spoke on condition of anonymity — James Yap has agreed to a final lump-sum payment in lieu of ongoing monthly support. The amount? ₱8 million pesos, which will be placed in a trust fund solely for Bimby’s educational and medical needs.

The settlement reportedly comes after years of intermittent child support contributions and legal back-and-forth regarding Yap’s financial involvement in his son’s life. The source clarified that Kris did not demand back pay for previous years and instead chose the lump-sum arrangement to simplify things moving forward.

“Kris just wanted peace and security for Bimby,” the insider shared. “She’s financially independent, but this was about principle and giving Bimby what he deserves — clarity and closure.”

Kris: “This is closure, not conflict.”

In a brief but poignant Instagram story, Kris addressed the agreement without mentioning specific figures:

“This isn’t about money. This is about responsibility. We’ve finalized everything, and I’m praying this gives Bimb emotional closure as well. No more courtrooms. No more tension.”

She also emphasized that she and James are not friends, but no longer adversaries, saying:

“We’re civil. That’s enough for now. We owe that to our son.”

James Yap has not publicly commented on the settlement, but sources say he quietly agreed to the terms to “put the past behind” and avoid further public scrutiny, especially as he continues his political career in San Juan City.

Netizens react: “About time.”

Online reactions have been largely supportive of Kris’s decision. Many praised her for not dragging the matter further into the spotlight and for prioritizing Bimby’s emotional well-being. “It’s been too long — this was necessary for everyone’s peace of mind,” one follower commented.

Now with the financial chapter officially closed, Kris Aquino can continue focusing on her health recovery and personal life — including her upcoming private wedding to her longtime doctor boyfriend.

And for Bimby? This final settlement might just be the quiet turning point he needed — with both parents finally choosing peace over conflict.