Los Angeles, CA – December 2, 2025 – After more than six years of contentious legal proceedings, Channing Tatum and Jenna Dewan have finally put the financial chapter of their divorce to rest. A newly unsealed court filing submitted on November 26, 2025, in Los Angeles Superior Court details the last remaining piece of their settlement: a clean 50/50 split of each other’s Screen Actors Guild (SAG)-Producers Pension Plan credits earned during the nine years they were married (2009–2018). This reciprocal division applies only to retirement benefits accrued in that window and officially resolves one of Hollywood’s longest-running and most closely watched celebrity divorces.
Although the couple was declared legally divorced in September 2024, the exact terms of their property division had remained confidential until this recent enforcement filing. The document brings full closure to a case that revolved heavily around Dewan’s claim to a substantial share of the blockbuster Magic Mike franchise — an empire that Tatum conceived and developed while they were still married and that Dewan argued was built with community funds and her indirect contributions.
The Magic Mike brand, which began with the 2012 film loosely based on Tatum’s real-life experiences as an 18-year-old stripper in Tampa, has grown into a global phenomenon. The original movie, made on a modest $7 million budget, grossed over $167 million worldwide. It was followed by Magic Mike XXL (2015), Magic Mike’s Last Dance (2023), a long-running Las Vegas live show, the HBO Max reality competition Finding Magic Mike, touring productions, and extensive merchandising. Industry estimates place the total value of the franchise well above $500 million in combined revenue.
Dewan’s legal team had long maintained that because the concept was developed, financed in part with marital money, and nurtured during the marriage, she was entitled to half of all past and future profits, residuals, licensing income, and intellectual-property rights tied to the brand. They further accused Tatum of moving assets into an irrevocable trust without her knowledge in an attempt to shield earnings from division. Tatum strongly denied any wrongdoing, stating under oath that he had never tried to deny Dewan her fair share of community property and had repeatedly offered reasonable settlements.
The dispute became increasingly acrimonious. In the lead-up to a scheduled December 2024 trial, both sides issued subpoenas to high-profile witnesses (Dewan called Steven Soderbergh; Tatum subpoenaed Dewan’s fiancé, Steve Kazee), and motions flew back and forth accusing the other of bad-faith delays. Legal fees for each side reportedly climbed into seven figures.
In the end, a trial proved unnecessary. In September 2024, the couple reached a comprehensive “further stipulated judgment on reserved issues,” resolving custody, support, and all asset-division matters once and for all. Key points of that agreement include:
Joint legal and physical custody of their 12-year-old daughter, Everly, with a private judge retained for any future disputes
Mutual waiver of spousal support
An undisclosed but reportedly substantial lump-sum payment to Dewan tied to pre-separation Magic Mike earnings and related entities
The newly detailed 50/50 split of SAG pension credits earned between 2009 and 2018
Under California community-property law, earnings and assets acquired during marriage are generally divided equally. The pension arrangement means that when either actor eventually draws retirement benefits, the portion attributable to credits earned while married will be split down the middle — a standard but symbolically significant final step for two performers whose careers took off together on the set of Step Up.
Tatum and Dewan’s love story began in 2006 during the filming of that dance movie. They married in a romantic Malibu ceremony in July 2009 and welcomed Everly in 2013. For years they projected an image of a tight-knit, dance-loving family. Their joint separation announcement in April 2018 insisted nothing had changed about their love for each other, only that they were taking “different paths.” What followed, however, was a far messier reality than the polished statement suggested.
Since the split, both have moved forward personally and professionally. Dewan, engaged to actor and Broadway veteran Steve Kazee since 2020, has two younger children — son Callum (born 2020) and daughter Rhiannon (born June 2024) — and continues to star as Bailey Nune on ABC’s The Rookie while expanding her producing résumé. Tatum dated Zoë Kravitz from 2021 to late 2024 (the two were briefly engaged) and has more recently been seen with model Inka Williams. On the career front, he is attached to several producing and acting projects, including the crime drama Roofman and rumors of a Magic Mike stage-show revival.
In recent interviews, both stars have expressed relief that the legal battle is finally behind them. Tatum told Variety the process was “painful, especially when you’re young and trying to figure life out,” but added, “It’s in the past now.” Dewan has spoken about resilience and the importance of closing difficult chapters in order to fully embrace new beginnings.
For Everly, the settlement means her parents can now focus entirely on co-parenting without the cloud of ongoing litigation. The former couple was recently photographed together at a low-key family Halloween event, smiling in coordinated costumes alongside Everly — a quiet but powerful sign that, despite years of courtroom friction, they have found a way to prioritize their daughter and mutual respect.
With the pension credits divided, Magic Mike profits allocated, and all financial ties formally severed, Channing Tatum and Jenna Dewan have officially turned the page on a marriage that once captivated Hollywood and a divorce that tested its limits.
