TMZ has learned Mariah and Nick Cannon struck a settlement in their divorce, and they both declared income for 2014.
Mariah says she raked in $6.3 million, and Nick scored $2.7 million.
The settlement requires Nick to
keep $5k a month in a trust for the kids while Mariah doesn't have to
put anything in the trust.
The settlement also says neither
Mariah nor Nick can allow the kids to address a new significant other as
mom, dad, mommy, daddy, father, mother .
Mariah and Nick share custody,
but the kids are primarily with her. If Nick comes to visit, per the
agreement, she foots the bill for travel and lodging.
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