It’s finally over! After months of back and forth and circling California courts, Kevin Costner and now ex-wife Christine Baumgartner have finally settled 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.
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.
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.
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.
© Getty ImagesAt 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.
More to come
