There’s Some “Magic Mike” Money Drama Happening Between Channing Tatum And Jenna Dewan

May 3, 2021 / Posted by:

The Magic Mike franchise has the ability to unite people from all walks of life, so long as oiled-up sweatpants-wearing male strippers crotch-thrusting to the nastiest hits of the 90s and 2000s is a relevant interest to them. But right now, at this very moment, the Magic Mike franchise is tearing two people apart. Okay technically, it’s two people who were already apart. But now they’re at the point where whatever mutual respect Channing Tatum and Jenna Dewan shared has been torn away and tossed aside, like a quick-release g-string.

Jenna Dewan and Channing Tatum officially announced they were ending their nine-year marriage in April 2018. Six months later, Jenna filed for divorce, with Channing filing his own papers shortly after. When they announced their split, it sounded like everything was going to be easy-breezy, but not too long after, they got into a custody fight over their 7-year-old daughter Everly. Channing and Jenna are officially divorced, but they’re still dividing assets, and they apparently can’t figure out how to split their lucrative male stripper business. via TMZ:

Channing Tatum and Jenna Dewan are at odds over the Magic Mike franchise. The exes are fighting over money and want a court to intervene and settle the dispute.

Sources with direct knowledge tell TMZ, one of the lingering issues in the wake of the divorce stems from holdings related to the Magic Mike franchise, which they built together during their marriage.

The Magic Mike franchise launched in 2012 with the film Magic Mike, which was loosely based on Channing’s experiences as an 18-year-old stripper in Tampa, Florida. Three years later, they released a sequel, Magic Mike XXL. That eventually spawned a Magic Mike Broadway musical (premiere date: TBA whenever), a stage show in London called Magic Mike Live, and an upcoming Magic Mike reality competition show for HBO called The Real Magic Mike. According to sources, Jenna worked with Channing on the Magic Mike Live show in London. Like Channing, Jenna is also a dancer, and she reportedly helped find a choreographer for the show. She moved to London to support Channing as he produced the show (their daughter Everly was born in London during that time).

Both Channing and Jenna allegedly tried to work it out on their own in “intense mediation,” but couldn’t figure out who would get what percentage of the assets, so they’re asking for a trial to decide who gets what. It’s not just the Magic Mike money on the table. TMZ says that they’re also still having a tough time coming up with a property settlement, and figuring out spousal support. Jenna is currently engaged to Steve Kazee, the father of her 1-year-old son Callum Michael Rebel Kazee.

It’s for the best that a court gets involved in this. No one is safe when it comes to exes splitting money, for sure. But Channing? Trying to work out percentages? The man is good at making the dollar-clutching audience sweat and holler, not math. You can’t expect to efficiently split up assets when one person keeps saying, “Wait, I’m confused. Is one-fourth the same as forty percent? Are these fractions? Can we bring out the pie charts again?


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