HomeEntertainmentChanning Tatum and Jenna Dewan split in 2018. Why they're fighting...

Channing Tatum and Jenna Dewan split in 2018. Why they’re fighting over ‘Magic Mike’ money six years later.

Channing Tatum and Jenna Dewan made headlines this week when it was revealed that they had both asked each other to testify in court during divorce proceedings. It’s an unexpected twist, since many people thought this was completed years ago — not to mention the fact that they’re engaged to other people.

Tatum and Dewan, both 43, were declared legally single in 2019 but did not settle the financial aspects of their divorce. The former couple, who share a 10-year-old daughter, Everly, mostly disagree magical mike money. Yahoo Entertainment spoke to a legal expert who explains what’s going on.

🕺🏼Why magical mike is at the center of this financial dispute

Dewan’s lawyers call magical mike Tatum’s ‘big break’ in court documents obtained by People. The first film, which Tatum starred in and produced, was released in 2012. Sequels were released in 2015 and 2023, followed by a reality TV spin-off and the hit film Magic Mike Live stage show in Las Vegas.

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magical mike originated during Jenna and Channing’s wedding. Because it was created during their marriage, it is community property,” famed divorce attorney Peter Walzer, founder of Walzer Melcher & Yoda, tells Yahoo Entertainment. “Because the parties separated in April 2018, there is a six-year period during which it is unclear whether there is magical mike sequels or spin-offs are community or individually owned. They can be a combination of both, so post-divorce income must be divided between separate property and community property.”

In documents, Dewan describes how she and Tatum contributed financially to the original project.

💰What does Dewan want?

The Rookie star believes Tatum may have been hiding magical mike takes advantage of her. His lawyers deny this.

“Jenna is asking that she be awarded a certain amount of money for her share of Magic Mike’s community profits and a share of future profits,” Walzer explains.

❌ 💰What does Tatum want?

“Channing would probably argue that’s the case Magic Mike’products created after the parties’ separation are separately owned and that Jenna is not entitled to share in the profits of any work done by him after the date of separation,” Walzer said.

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It’s not just about the magical mike company does. Tatum is also asking the court to terminate spousal support. Dewan lives with fiancé Steve Kazee, with whom she shares one child and is pregnant with their second. He asked Kazee to testify.

⚖️Is this easy to solve?

No.

“Division matters are complex, especially when it is unclear whether the project arose during or after the marriage – or a little of both,” explains Walzer.

💍They were declared legally single. What does that mean?

“That means they divorced in 2019. The court can dissolve the marriage and reserve the authority to divide the parties’ assets later,” Walzer says. “This is called a split in the status of marriage.” It is common, especially in celebrity divorces. (Brad Pitt and Angelina Jolie, anyone?)

Dewan isn’t the only one who has moved on. Tatum is engaged to Zoë Kravitz. A person can legally remarry pending a final ruling on the remaining issues.

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⏩ What now?

Both Tatum and Dewan agree that a lawsuit is necessary. There will be a hearing on April 12 where per Volk the division of property, claims for reimbursement, relief, breach of fiduciary duty and attorneys’ fees will be discussed.

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