Channing Tatum and Jenna Dewan have found themselves tangled in a web that’s all too common among us mere mortals: hashing it out over money. The center of their post-divorce contention? The lucrative profits from the Magic Mike franchise, complicating what could have been a straightforward separation.
Dewan apparently isn’t holding back, either. Court documents reveal she’s putting a spotlight on their financial skirmishes, accusing Tatum of using “marital funds” to snag the rights for Magic Mike. She’s on a mission for what she believes is her fair share, aiming for an “equal division” of the treasure chest. Tatum, on his end, claims he’s the one who’s been keeping the Magic Mike ship sailing, pouring his heart, soul, and quite a bit of elbow grease into the franchise long after their split was signed and sealed.
This financial tug-of-war has escalated to the point where mediation sessions have thrown in the towel, pushing the ex-couple towards a trial set for December 8. Despite this legal standoff, insiders close to the duo reveal a surprising twist: both Tatum and Dewan are eager to close this chapter of their lives and aren’t champing at the bit to see the other one suffer.
“Both would like to get beyond these final issues,” shared one source with PEOPLE, highlighting the mutual desire to move forward. The narrative doesn’t end with their separation, as both have since found new love. Tatum has been linked to Zoë Kravitz since 2021. Dewan, on the other hand, began a relationship with Steve Kazee in October 2018, a mere six months following her split from Tatum. In March 2020, Dewan and Kazee celebrated the arrival of their son, Callum, and in January 2024, announced they’re expecting another child.
Amid the tension over finances, the heart of Tatum and Dewan’s relationship—co-parenting their daughter, Everly—remains unshaken. “They don’t hate each other,” an insider told People, quelling rumors of animosity. As the courtroom date looms, there’s hope that the resolution will be fair, avoiding any bitterness over the division of the Magic Mike fortune.
This scenario mirrors a broader truth about the aftermath of divorce, where women’s household incomes can plummet by 23% to 40%, a stark contrast to the often less severe financial impact on men, with some even experiencing income gains. This disparity underscores the complex dynamics at play, not just in Tatum and Dewan’s situation but as a reflection of societal trends. Here’s hoping they are able to figure it out before they have to take it to the courts.
Before you go, click here for all the celebrity splits and divorces we never saw coming.