Channing Tatum and Jenna Dewan have finalized the terms of their divorce settlement in court, bringing new clarity to the financial details after years of dispute. The high-profile split, centered on assets including profits from the successful Magic Mike franchise, has now resulted in a significant financial agreement impacting both stars.
Papers filed on November 26 show that both actors, who were married in 2009 and separated in 2018, agreed on the division of their pension plans and other earnings accumulated during their marriage. The settlement comes after months of negotiations, avoiding a costly trial in Los Angeles. Their daughter, Everly, remains under joint custody, a decision reached early in the proceedings.
Key Settlement Terms and Magic Mike Dispute
Until this court filing, specific terms of the financial settlement remained confidential. Under the newly revealed agreement, Dewan will receive approximately half of Tatum’s Screen Actors Guild producers’ pension plan for funds accumulated over their marriage. Tatum is, in turn, granted the same share of Dewan’s equivalent pension plan earnings.
Jenna Dewan, herself a producer of several projects like Devil on My Doorstep and the TV adaptation Step Up: High Water, had argued for a share of the revenue from entertainer and producer Channing Tatum’s Magic Mike success. The Magic Mike universe, which includes two sequels, a Las Vegas stage show, a reality television project on HBO, and various licensing deals, proved to be the main sticking point in the settlement. Dewan maintained that her support and partnership contributed to the financial success of Magic Mike, and asserted a right to half the profits generated during their marriage.
According to the filings, Dewan believed she was entitled to 50 percent of the profits from the Magic Mike brand, while Tatum disagreed with the extent of her claim. Both Tatum’s producing partner Steven Soderbergh—director of Magic Mike—and Dewan’s fiancé Steve Kazee were added as potential witnesses as the dispute intensified.
Financial Transparency and Claims of Delay
Before reaching this agreement, Jenna Dewan accused Tatum of not providing full disclosure of all financial records related to Magic Mike. In turn, Tatum claimed it was Dewan who was prolonging the ordeal. He stated,
exhaustive efforts to settle all issues in this matter without litigation.
—Channing Tatum
Tatum described his attempts to resolve the financial arguments, saying,
I have made countless settlement proposals, attended multiple mediations, my attorneys have prepared numerous drafts of proposed judgments, and I have tried to resolve issues with [Dewan].
—Channing Tatum
He further asserted,
While we have resolved some issues, the most significant financial issues in the case remain unresolved because [Dewan] continues to delay resolution and provides one reason after another for why this case cannot settle.
—Channing Tatum
Arguments Over Spousal Support and Personal Circumstances
Throughout the legal back-and-forth, Tatum opposed Dewan’s intention to seek spousal support. He argued that their marriage, spanning just under nine years with a separation over six years ago, did not justify ongoing payments. He said,
I understand that [Dewan] intends to seek spousal support from me at trial. I do not believe [Dewan’s] request for spousal support is appropriate. We had a short-term marriage of eight years and eight months and separated over six years ago,
—Channing Tatum
Tatum also highlighted Dewan’s new engagement as a sign she had moved forward with her life. In support of this, he noted in a filing,
They have been engaged for more than four years.
—Channing Tatum
Jenna Dewan is still engaged to actor Steve Kazee, with whom she now has two children. She recently mentioned to People that wedding planning has been slow, reflecting,
My mom is like, ‘Can you speed this up, Jen?’ But it’s a lot of schedules and a lot of timings to put together.
—Jenna Dewan
Evolving Relationships and What Lies Ahead
Since their separation, both Tatum and Dewan have established new relationships. Tatum was previously engaged to Zoë Kravitz, a relationship that ended in late 2024, and is now dating model Inka Williams, with their first public appearance together in March.
The Channing Tatum divorce settlement marks a significant conclusion to years of legal wrangling between two major Hollywood figures, especially over profits from the Magic Mike franchise and pension earnings. The agreement—centered on equitable division from their years as a married couple—also sets a precedent for how intellectual property and brand value are adjudicated in entertainment-industry divorces. Observers will now watch how both stars move forward with their personal and professional lives after resolving one of Hollywood’s most closely watched financial splits.
