Kevin Costner and Ex-Wife Christine Baumgartner Reach Divorce Settlement

It’s finally over! After months of back and forth and circling California courts, Kevin Costner and now ex-wife Christine Baumgartner have finalized the terms of their divorce.

Per a new report from TMZ, the 68-year-old actor and his 49-year-old ex have agreed on a settlement.

Prenuptial Agreement Status

A Santa Barbara court judge declared that the terms of their 2004 prenuptial agreement would be enforced. Several of their legal disagreements have stemmed from their prenup, which initially stated that Christine would receive a $1.5 million payout from Kevin should they divorce.

However, it stated that were she to challenge any of the stipulations (as she has), she could potentially lose all right to the payout and have to pay upward of $1 million plus legal fees.

It reads: “If Christine, in any manner, challenges or assists in the challenge of the validity or enforceability of any provision of this Agreement, she shall lose any and all rights to receive any payment, Property or Interest from Kevin pursuant to this Agreement.”

Undisclosed Settlement Agreement

As per the report, the model and handbag designer has agreed to the terms of an undisclosed settlement and submitted a three-page letter affirming the same.

Child Support Resolution

Earlier in the month, the former couple also arrived at a conclusion to their battle over child support. Kevin and Chrsitine, who tied the knot in 2004, are parents to three teenagers: Cayden, 16; Hayes, 14; and Grace, 13.

At the conclusion of the two days of hearings, the court ordered Kevin to pay a monthly child support of $63,209 to Christine. This amount starkly contrasts with the $161,592 that Christine had originally requested, which was originally an even higher $248,000.

Contentious Battle Ends

It was reported earlier that their contentious divorce battle, which began on May 1st when Christine first filed, was intended to go much farther as they prepared to go to trial in November.

In court documents previously obtained by People, Kevin’s legal team stated: “Four months into this matter, and three months away from the commencement of the trial on the validity of the PMA, Christine refuses to make known all of her contentions regarding the validity of the PMA.” However, it seems like that may not come to fruition anymore.

Expensive Legal Battle

Different court documents obtained by Entertainment Tonight previously saw Christine claim she owed $314,113 for “past fees and costs,” allegedly pertaining to the divorce proceedings, and Kevin’s own fees over the last four months of the legal battle have tallied up to a whopping $644,000.

Similar Hollywood Divorces

In Hollywood, divorces are not uncommon among celebrities. Here are five notable examples:

1. Brad Pitt and Angelina Jolie: Known by the legendary portmanteau ‘Brangelina’, the uber A-listers wed in a French chateau in 2014 but divorced in 2016.
2. Ryan Reynolds and Scarlett Johansson: Ryan and Scarlett married in 2008 but their union was annulled just over two years later due to their busy schedules.
3. Russell Brand and Katy Perry: The couple married in 2010 but divorced in 2011, citing different priorities.
4. Ashton Kutcher and Demi Moore: The couple divorced in 2013 after Ashton’s infidelity. Ashton remarried in 2015.
5. Tom Cruise and Katie Holmes: After a whirlwind romance, Tom and Katie divorced in 2012.

Financial Implications

It was reported that Christine requested $855,000 from Kevin to cover the ongoing cost of the divorce. However, it seems like that deal may be off the table per the settlement.

Conclusion

Kevin Costner and Christine Baumgartner have finally reached a divorce settlement, putting an end to their months-long legal battle. The settlement terms enforce their 2004 prenuptial agreement and resolve their child support dispute. While the divorce has been costly, the settlement brings closure to their contentious divorce process.

Disclaimer: This article is for informational purposes only and does not constitute legal advice. Please consult with a qualified attorney for legal advice specific to your situation.