AMERICAN Pickers star Mike Wolfe has finalized his divorce from ex-wife Jodi, as he has been ordered to pay her over $6million including royalties from the show and alimony.
The Sun can exclusively reveal their divorce was finalized on December 6, just over one year after Jodi filed to end their 10-year marriage.
In the divorce settlement obtained by The Sun, Mike, 57, has been ordered to pay Jodi, 50, a total sum of $634,000 in alimony.
Together, the exes own or have interest in 15 real estate properties.
Jodi was awarded their $2million Nashville, Tennessee marital home and their North Carolina abode.
Mike has sole ownership of the remaining 13 properties located in Tennessee and Iowa.
The American Pickers star agreed to pay his ex-wife $5,228,878.73 to “provide for the equitable division of the marital estate," according to the divorce settlement.
But that’s not all, as Jodi will also receive 50 percent of post-tax royalties earned by Mike for seasons 1-10 of American Pickers for the earning period before December 31, 2021.
The court papers claim Mike is to receive one payment for the month of December 2021 for his work on Season 10 of American Pickers, as he shall pay her “exactly $28,000.”
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She will also get 40 percent of post-tax royalties earned by Mike for seasons 1-10 of American Pickers for the earning period between January 1, 2022 to December 31, 2026.
Mike was awarded his store and business Antique Archaeology Nashville, and their companies JCM Investments and MRW Inc.
He will also have ownership of Mossy Point Productions.
Jodi will be responsible for her own medical insurance after December 31, 2021 and asked her maiden name not be restored.
CUSTODY AGREEMENT
As for their 9-year-old daughter Charlie, Jodi is the primary residential parent.
She will have custody of their daughter 230.5 days of the year, while Mike has her in his care for 134.5 days.
Mike has been ordered to pay $2,100 a month in child support, and to provide medical and dental insurance to his daughter.
Because of Mike’s work on American Pickers, he must submit to Jodi in writing if he is unable to exercise his scheduled parenting time up to four consecutive days.
They have joint decision making regarding educational, religious upbringing, non-emergency healthcare and extracurricular activites.
Jodi filed for divorce from Mike in November 2020 in Tennessee.
She cited irreconcilable differences as the reason of divorce after listing June 2020 as their date of separation.
They married on September 7, 2012 in Franklin, Tennessee.
LOVE AFTER HEARTBREAK
Mike has been living in the $1,050,000 Tennessee bachelor pad he bought in June 2020.
He has since moved on with model Leticia Cline.
The collector and Leticia, 43, went public with their romance in August during a trip to his hometown of Le Claire, Iowa in exclusive photos obtained by The Sun.
The Beauty and the Geek contestant has already met the American Pickers star’s mother, as his mom Rita joined them for a festival in Iowa.
FRANK'S FIRING
Mike now stars on American Pickers alongside Danielle Colby, as long-time co-star Frank Fritz was fired from the series.
Frank, 57, last appeared on American Pickers during a March 2020 episode, as he took time off to recover from back surgery, which left him with 185 stitches and two rods in his spine.
During his time off the show, Frank lost 65 pounds, as he is living a healthier lifestyle and is sober from alcohol.
He told The Sun that he entered rehab for alcohol addiction in Iowa for 77 days and is 11 months sober.
Though Frank expressed his desire to return to the History show, Mike revealed Frank had been fired from the show on Instagram in July.
Frank previously told The Sun of their falling out: “I haven’t talked to Mike in two years. He knew my back was messed up, but he didn’t call me up and ask how I was doing. That’s just how it is.
"The show is tilted towards him 1,000 percent. I can’t even bend that far down to show you how much.
"That’s fine. It’s like you’ve got Aerosmith and there’s Steven Tyler and he’s the front man. I found my spot, I’m second and he’s number one on the show. That’s no problem with me, maybe he does have a problem.”
Frank still owns his Illinois store, Frank Fritz Finds, and resides in his native Iowa.
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