Magic Mike money mystery: Channing Tatum denies ex-wife Jenna Dewan’s claim of hiding assets

Channing Tatum and Jenna Dewan's divorce battle heats up over "Magic Mike" profits.

Channing Tatum and Jenna Dewan are embroiled in a contentious legal battle regarding their financial settlement. 

The primary point of contention, between the couple who divorced in 2019 after nine years of marriage, centres around profits generated by the highly successful "Magic Mike" franchise.

Dewan alleges that Tatum has been hiding assets related to the franchise, which was built during their marriage. She claims he has used "third parties" to shield profits from her rightful share.

Tatum vehemently denies these accusations, stating he has provided Dewan with full access to all financial records and has always acted in the best interests of their shared assets. He emphasizes that he continues to update her on "Magic Mike" finances.

However, Dewan's representative maintains she is simply seeking a fair resolution based on California law and believes the facts support her claims.

They accuse Tatum of "bullying and gaslighting" Dewan and claim he is deliberately delaying the settlement process with contradictory statements and actions.

Sources close to Tatum counter these accusations, stating that Dewan's demands are inconsistent and contradict the substantial post-separation efforts he has undertaken to enhance the "Magic Mike" brand. They claim she is stalling negotiations despite expressing a desire to finalize the divorce.

Both parties reportedly want to move on with their lives. Tatum is engaged to Zoë Kravitz, while Dewan is engaged to Steve Kazee and expecting their second child together.

However, the ongoing disagreement over "Magic Mike" profits continues to be a significant obstacle in finalizing their divorce.

While the exact details of the financial dispute remain confidential, it's clear that the once amicable exes are now locked in a heated legal battle with vastly different perspectives on the division of assets, particularly those tied to the lucrative "Magic Mike" franchise.