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Jay Cutler Jokes About K-Cav Split ... 'I Threw A Party' Over Divorce Settlement

Jay Cutler boasted this week that his bank account didn't take a big hit in his divorce with Kristin Cavallari ... joking, "when the settlement came through, I threw a party."

Cutler shared a laugh about his split with Cavallari during a conversation with Clay Travis on his "Uncut with Jay Cutler" podcast ... saying he believes he made off just fine when he and the former "Hills" star officially broke things off.

"I don't know what I can say, first of all," Cutler said on the podcast with a chuckle.