Channing Tatum and Jenna Dewan’s Divorce Financial Agreement Revealed After Magic Mike Money Dispute

Newly filed court documents are shedding light on how Channing Tatum and Jenna Dewan finalized their divorce, including how they agreed to divide certain financial assets.

According to legal records submitted on Wednesday, Nov. 26, the filings outline financial terms from the former couple’s September 2024 settlement. Tatum, 45, and Dewan, 44, first met on the set of Step Up in 2006, married in 2009, and separated nearly nine years later. Dewan filed for divorce from the Roofman star in October 2018. The pair share joint custody of their daughter Everly, born in 2013.

During the lengthy divorce process, Dewan’s lawyers argued that Tatum’s 2012 hit Magic Mike was co-financed with marital funds and therefore should be treated as a shared asset. The dispute centered on profits from the broader Magic Mike franchise: Dewan asserted she was entitled to half of those earnings, while Tatum’s legal team maintained he had not withheld any money from her.

The latest documents show that, under the Screen Actors Guild–Producers Pension Plan, both actor-producers will receive 50 percent of the other’s retirement benefits accrued during their marriage, from 2009 to 2018. The benefits are calculated by comparing the pension credits earned during the marriage to the total pension credits earned overall.

Tatum served as a producer on the original Magic Mike as well as its 2015 and 2023 sequels, and he is involved in both the Las Vegas stage show and the HBO reality series tied to the Magic Mike brand.

Both Tatum and Dewan also produced the three-season Step Up television series, adapted from their film, which began airing on Starz in 2018. In addition, Tatum has gone on to produce recent projects including Blink Twice and Roofman.

Reflecting on their relationship in a Variety cover story published in September, Tatum said the former couple “are good now,” but acknowledged the breakup was difficult. “It was a painful break to have that fall apart, especially being so young. We tried to keep it together. … It’s in the past,” he shared.

Since the divorce, Tatum was engaged to Zoë Kravitz from October 2023 to October 2024 and has more recently been linked to model Inka Williams. The pair made their red carpet debut when Williams, 26, joined Tatum and Everly at the Los Angeles premiere of his film Demon Slayer: Infinity Castle in September.

Dewan, meanwhile, has been engaged to actor Steve Kazee since 2020, and the two share two children together.