Ashlee Simpson and Pete Wentz signed prenups

Matt Sayles / AP


According to OK!, Ashlee’s father, Joe Simpson, was adamant about a prenup between Ashlee and Pete with the hopes of avoiding another possible Nick and Jessica situation, where Jessica was reportedly forced to pay Nick over $10 million following their divorce.

Joe is optimistic that Ashlee and Pete can build on their existing wealth with a reported upcoming reality show featuring the newlyweds.

Papa Joe seems to always try to make a quick buck out of his daughters. A reality show for Ashlee Simspon as newlyweds??? Hmm......I don't know if it'll be as good as Nick's and Jessica's Newlywed reality show. Jessica seems to be more ditsy and fun to laugh at (at times). Ashlee Simpson had a reality show on MTV, The Ashlee Simpson Show. The first season, taped from 2003 to mid-2004 and it was about her starting off as a singer. The second season was focused about her album. Her reality show didn't do too well.