Alex and Cynthia Rodriguez Reach Divorce Settlement

Looks like what was poised to be the divorce of the year will amount to be nothing more than a little paperwork and minimal time in the courtroom. Baseball player Alex Rodriguez and his estranged wife Cynthia Rodriguez have settled their bitter divorce battle, the New York Daily News reports.

The terms of the settlement were not released, but lawyers for the former couple said in a statement that "Cynthia and Alex Rodriguez have amicably resolved their dissolution of marriage proceedings." They add, "they deliberately engaged in a private negotiation. During the negotiations and resolution all decisions were made with the best interests of their children as the paramount concern."

In Cynthia's filing several months ago, she asked to keep their $12 million Coral Gables, Fla., mansion and a cut of his earnings during their marriage, which amounts in the hundreds of millions.

A-Rod responded that the divorce settlement should be determined by their pre-nup, which Cynthia signed a month before their 2002 wedding. He admitted the marriage was "irretrievably broken," but noted Florida is a no-fault state for divorce cases and chastised Cynthia for mentioning "immaterial and impertinent" issues like his alleged "extramarital affairs and other marital misconduct."

The "marital misconduct" in large part referred to Alex's "affair of the heart" with Madonna, which, according to Cynthia's attorney, was the "last straw" that broke the camel's back of their marriage. Alex had also admittedly had an affair with a Toronto waitress and reports of other infidelities circulated thoughout his five year marriage to Cynthia.

No word on whether the couple will share custody of their two daughters, Natasha, 3, and Ella, 5 months. We're just glad that after a high-profile kick-off to the divorce proceedings, which had both sides slinging mud at each other via the tabloids, that Alex and Cynthia decided to act like adults and settle their differences amicably. They probably saved their children a lot of therapy down the line, not like the poor children of Denise Richards and Charlie Sheen, or Alec Baldwin and Kim Basinger.