Kevin Costner has said he expects his income to drop “dramatically” now that he is no longer in Yellowstone, as he continues his divorce battle with his second wife, Christine Baumgartner.
The 68-year-old actor is reportedly the highest-paid actor on television, rumored to have earned $1.3 million per episode of the award-winning show.
His ex, 49, claimed that in 2022, when he appeared in eight episodes, he earned $24.5 million from Yellowstone and other sources.
But the actor said he expects his income to drop “dramatically” now that he’s left the show, to make his four-film Western epic Horizon.
“I will earn substantially less in 2023 than in 2022,” he predicted. ‘This is because I no longer have a contract with Yellowstone, the main source of my income last year.
Finance: Kevin Costner has said he expects his income to drop ‘dramatically’ now that he is no longer at Yellowstone
Income: His ex Christine, 49, claimed that in 2022, when he appeared in eight episodes, he earned $24.5 million from Yellowstone and other sources (pictured March 2022)
‘The fixed amount, ‘pay or play’ and the episodic compensation I received has ceased.
“Now any compensation I earn from Yellowstone will be derived only from my contractual back-end participation rights.” (The one-star percentage of the profits, once the program is in profit.)
‘The most recent report from the Yellowstone producer shows that I am now not owed any stake money (although I have disputed this).
“As of now, in 2023, I have yet to receive any participation compensation from Yellowstone.”
Following furious speculation about the end of the hit western series, and reports of a sensational feud between himself and show creator Taylor Sheridan, the actor stated in court documents that he “does not anticipate being in place for at least the rest of the season.” of 2023″. ‘, despite the fact that the show is scheduled to begin filming in the second half of the fifth season in August.
Earlier this year, it was confirmed that Yellowstone will end after the second half of season five, with Kevin ending his run as rancher John Dutton on Paramount’s hit series to focus on other projects.
However, while production on the second half of the fifth season will begin in a matter of months, according to Deadlinecourt documents filed as part of Costner’s divorce proceedings against his ex-partner Christine suggest he will not participate in the filming.
In court documents seen by DailyMail.com: “I don’t anticipate being in place for at least the rest of 2023.”
Success: The actor, 68, is reportedly the highest-paid actor on television and is rumored to have earned $1.3 million per episode of the award-winning show
Kevin said: “The fixed amount, ‘pay or play’ and episodic compensation I received has ceased” (pictured with Christine in February 2022)
The documents, which contained explosive claims that Costner and his wife of 18 years, Christine, had an acrimonious divorce, revealed that he would return to California this month to be with his children.
Questions have already been cast on whether the show will be able to start filming again as a result of the writers’ strike, which has thrown many long-running Hollywood productions into a state of uncertainty.
It may be that Costner expects the strike to drag on until the end of the year, which would prevent him from filming any scenes in Yellowstone, which was initially filmed in Utah before production moved to Montana, however his statement in court documents seems to make it clear that he has no plans to travel outside of California for any projects until at least 2024.
DailyMail.com has reached out to Kevin’s representatives for further comment.
Christine filed for divorce based on irreconcilable differences on May 1.
The estranged couple share three children: Cayden, 15, Hayes, 14, and Grace, 13.
In court documents, the actor’s lawyers say they have made “multiple offers” for his wife to move out of their former marital home, a $145 million beachfront complex in Carpinteria, California.
But they say they failed to reach an agreement with Christine, 49, a model turned handbag designer, effectively leaving Costner homeless.
On June 8, Christine’s side filed a restraining order against Costner that prohibits her from taking the children out of state and from transferring or selling any property.
On June 9, Costner’s side filed a request for an order to remove Christine from the home, a filing known as a “preliminary injunction prohibiting petitioner from occupying the home.”
In his statement filed as part of the injunction, Costner himself said: “Christine and I have been working on a summer schedule to make sure the children have a smooth transition between our two homes.”
He added: ‘Even when I’m working I manage to see the children often. I was in California for our son’s birthday in early May and the kids visited me May 21-24 in Utah where I was filming.
Home: In court documents, the actor’s lawyers say they have made “multiple offers” for his wife to move out of the former marital home, a $145 million beachfront complex in Carpinteria
‘This month I will be returning to California to my separately owned residence and I plan to stay here at least until the end of this year (except maybe for vacations). I am a very practical father. I take our children to school, attend their events and participate in their daily life. I agree that when I’m shooting on location, the children will spend more time with their mother. However, I do not anticipate being in place for at least the remainder of 2023.’
Instead, he says he will edit the Horizon films at his studio in Carpinteria.
The veteran actor was said to have been surprised by Christine’s divorce filing.
Kevin is worth $250 million and under the terms of the prenuptial agreement, signed in 2004, she was required to give up their estate if they separated and relocate, using a $1.2 million fund to find a new home.
He alleges that his ex-spouse is reneging on that agreement, saying that he now wants to move back into the huge house they shared.
The lawyers said: “What is happening now is exactly what he and Christine agreed to avoid in case their marriage failed.”
“Christine has accepted the benefits of the PMA (prenuptial agreement) over the years, but now she refuses to accept this one burden.”
Both sides appear to be preparing for a ‘War of the Roses’-style legal battle over their massive $145 million home in Carpinteria, California. It is wholly owned by Costner and purchased in 1988, well before his 2004 wedding.
Kevin complains that he needs a home since he will be out of the place since the beginning of June.
Remarkably, he says he became homeless during his last divorce. The house next door, also owned by her, is used, she says, as a place to set up movies.
He says he financed Christine’s two ‘failed’ businesses both before and during the marriage, and says she was happy to benefit from the prenup for years, but is now trying to get rid of it.
He further claims that after their split, Christine “charged $95,000” to his credit card “without notice.”
That money was spent on lawyers and a forensic accountant.