David Hasselhoff Ordered To Pay $25K A Month To Ex-Wife And Daughters

Los Angeles, CA (CNS) - David Hasselhoff has to pay $25,000 per month to his ex-wife and two daughters, the court has decided Thursday.

The former "Knight Rider" star, 55, has agreed to pay Pamela Bach and their two daughters, Taylor, 17, and Hayley, 15, in spousal and family support payments. Hasselhoff and Bach had divorced in 2006 after 16 years of marriage.

TMZ.com has obtained the court paper decision on the former couple's divorce settlement, which states Bach and Hasselhoff will split their Encino, California home equally.

The ex-wife also gets two cars, a 2006 Mercedes and a 1999 Lincoln Navigator, half of their joint checking account, and a few other bank accounts.

The Hoff, meanwhile, will get control of several accounts of his own, various items of furniture and a few cars. He has to pay $21,000 per month to his wife and $4,000 in child support for the daughters.

He also gets the right to keep the name "The Hoff" and "Malibu Dave" and the term "Don't Hassel the Hoff."

The two were married on December 9, 1989. He cited "irreconcilable differences" as reason for the divorce.