The pair – who have three-year-old son Sebastian together – came to an amicable agreement on their assets and filed the paperwork in court on Monday before heading to the Ace of Spades strip club in Los Angeles.
According to the terms of the agreement, obtained by TMZ, Amber will receive $1m, and $14 800 a month child support for Sebastian, who the couple will share physical and legal custody of while Wiz keeps their Pennsylvania home and 10 cars.
Amber, 32, previously revealed she and Wiz were working on maintaining a friendship for the sake of their little boy.
She said: “I think that we just wanted different things in our lives. Being married in the public is not easy. Having access to pretty much any and everything we want is not easy. We still love each other.
“Right now we’re just working on co-parenting and learning how to be friends. He’s at my house a lot for the baby. I’m at his house.”