American Pickers’ Mike Wolfe finalizes divorce and is requested to pay ex-Jodi over $ 6 million together with present royalties and alimony
AMERICAN Pickers star Mike Wolfe finalized his divorce from ex-wife Jodi as he was ordered to pay her over $ 6 million including show royalties and child support.
The Sun can exclusively reveal that their divorce was finalized on December 6, just over a year after Jodi filed for an end to their 10-year marriage.
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Mike Wolfe is officially from his wife Jodi. divorcedPhoto credit: Getty
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Mike was ordered to pay her over $ 6 million in alimony and royalties from American PickersCredit: History Channel
In the divorce settlement filed in court and obtained by The Sun, Mike, 57, was asked to pay Jodi, 50, a total of $ 634,000 in alimony.
Together, the exes own 15 properties or are involved in them.
Jodi was awarded her $ 2 million married home in Nashville, Tennessee and her North Carolina residence.
Mike owns sole ownership of the remaining 13 properties in Tennessee and Iowa.
The American Pickers star agreed to pay his ex-wife US $ 5,228,878.73 to “ensure the fair division of the property,” according to the divorce agreement.
But that’s not all, because Jodi also receives 50 percent of the after-tax royalties Mike earned for seasons 1-10 of American Pickers for the earnings period prior to December 31, 2021.
The court records say Mike is due to receive payment for his work on American Pickers season 10 in December 2021, as he is supposed to pay her “exactly $ 28,000”.
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She also receives 40 percent of the after-tax royalties Mike earned for Seasons 1-10 of American Pickers for the Earning Period between January 1, 2022 and December 31, 2026.
Mike started out with his Antique Archeology Nashville business and their companies JCM Investments and MRW Inc.
He will also own Mossy Point Productions.
Jodi will be responsible for her own health insurance after December 31, 2021 and has requested not to restore her maiden name.
CUSTODY AGREEMENT
As for her 9 year old daughter Charlie, Jodi is the primary residence parent.
She will have custody of her daughter 230.5 days a year while Mike has her under his care for 134.5 days.
Mike was ordered to pay $ 2,100 a month in child support and provide his daughter with health and dental insurance.
Due to Mike’s work on American Pickers, he has to report to Jodi in writing if he cannot take his planned parental leave for up to four consecutive days.
They share decisions about education, religious upbringing, non-emergency health care, and extracurricular activities.
Jodi filed for divorce from Mike in Tennessee in November 2020.
As a reason for divorce, she named irreconcilable differences after she had given June 2020 as the date of separation.
They were married on September 7, 2012 in Franklin, Tennessee.
LOVE AFTER A HEARTBREAK
Mike lives at the $ 1,050,000 bachelorette party in Tennessee that he bought in June 2020.
Since then he has moved on with model Leticia Cline.
The collector and Leticia, 43, made their romance public in exclusive photos received by The Sun in August during a trip to his hometown of Le Claire, Iowa.
The Beauty and the Geek contestant met the American Pickers star’s mother when her mother, Rita, was with them at a festival in Iowa.
FRANK’S FIRE
Mike now stars alongside Danielle Colby in American Pickers after longtime co-star Frank Fritz was fired from the series.
Frank, 57, last appeared on American Pickers during an episode in March 2020 when he was taking time out to recover from back surgery that left 185 stitches and two chopsticks in his spine.
During his time off the show, Frank lost 65 pounds as a result of leading a healthier lifestyle and being sober from alcohol.
He told The Sun that he went to rehab in Iowa for alcohol addiction for 77 days and was sober for 11 months.
Although Frank expressed his desire to return to the History Show, Mike announced that Frank had been fired from the show on Instagram in July.
Frank previously told The Sun about her breakup: “I haven’t spoken to Mike in two years. He knew my back was upset, but he didn’t call me to ask how I was doing. That’s just how it is.
“The show is 1,000 percent aimed at him. I can’t even bend down that far to show you how much.
“That’s fine. It’s like you have Aerosmith and there’s Steven Tyler and he’s the front man. I’ve found my place, I’m second and he’s number one on the show. That’s not a problem for me, maybe he has a problem “.”
Frank still owns his Illinois store, Frank Fritz Finds, and lives in his home in Iowa.
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Mike and Jodi got married in 2017Photo credit: Getty
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Jodi will receive $ 28,000 in royalties from American Pickers for December 2021 alonePhoto credit: Zachary Maxwell Stertz / Story
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Frank Fritz was fired from the showPhoto credit: Zachary Maxwell Stertz / Story
American Pickers star Mike’s friend Leticia Cline shows the construction progress of the new shop
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