Most of the big showbiz news that have come out in the past few months have been about the high profile divorces, which included the heartbreaking end of Angelina Jolie and Brad Pitt's 11-year marriage. However, 2016 isn't quite over yet and it seems like this year will be bearing witness to one more high profile divorce between the reality television star Khloe Kardashian and the retired NBA basketball player Lamar Odom.

According to the latest online gossip, both parties have apparently reached a divorce settlement and are ready to pretty much move on with their own lives.

While both celebrities have been known to have a long history of separating and getting back together again from time to time, this time might be a bit different as they are now making their separation official. Khloe had filed for divorce a number of times already, including one she filed back in December 2013, which she then cancelled in October 2015.

Lamar had also been dealing with a lot in his life, which included his recent brush with death after having overdosed in a brothel late last year. His addiction is still an on-going problem and is reportedly still the main underlying issue for their separation.

Khloe stayed with Lamar after his overdose, and she even tried to rekindle their romance after he recovered. Unfortunately, Lamar reportedly had a hard time kicking his habit, leading to Khloe apparently giving up on him. Khloe filed for divorce once again back in May 2016, which they both signed late last week.

A source close to the couple has revealed that Lamar was apparently ready to move on and finally let go of Khloe. It is also speculated that Lamar may still have some lingering feelings for his ex, but he still wants her to be happy.

Khloe has also already moved on and is currently dating Tristan Thompson.