Jennifer Grey will keep 100 percent of Dirty Dancing earnings in divorce settlement with ex Clark Gregg
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She split from her husband Clark Gregg after 19 years of marriage.
And on Wednesday, People reported that per the couple’s divorce settlement, Jennifer Grey will keep 100 percent of earnings and residuals from her iconic 1987 movie Dirty Dancing.
Grey, 60, will also be entitled to 50 percent of her actor husband’s royalties and residuals for more than 30 projects including Gregg’s work in Avengers, Captain Marvel, Captain America, the Iron Man movies and Thor films, the outlet said.
Jennifer Grey and Clark Gregg announced the end of their 19-year marriage in July and on Wednesday, People reported the two stars have agreed to a divorce settlement
The agreement stipulates that Grey, 60, will keep all earnings and residuals from her 1987 blockbuster movie Dirty Dancing in which she starred with Patrick Swayze
Grey and Gregg, 58, married in 2001 after a year of dating.
In July, the actress announced on social media that the couple had been separated since January and in August, Gregg filed for divorce.
In ending their marriage, the amicable exes agreed to continue jointly financially supporting their daughter Stella, 18, until she is 24.
Grey will also continue to reside in the family home which will remain jointly owned by the pair for six months. Should the property be sold, proceeds from the sale will be equally divided between them.
Grey and Gregg, 58, who married in 2001 after a year of dating, also agreed to continue to jointly financially support their daughter Stella, 18, until she is 24 (pictured 2019)
If the two decide to sell the home, the earnings from a sale will be split equally between them.
Gregg, who starred as Agent Phil Coulson in several Marvel films and the ABC series Agents of S.H.I.E.L.D., has waived spousal support form his wife, according to People.
Should he reprise his Marvel role in future projects, she will be entitled to a 10 percent cut of any gross earnings for feature films and a 5 percent cut of gross earnings for work in a series.
Their divorce will become official in February.
Grey was catapulted to international stardom in the 1987 movie. But her acting career floundered after she underwent rhinoplasty that dramatically altered her appearance
Grey, 60, will be entitled to 50 percent of her actor husband’s royalties and residuals from his work as Agent Coulson in Marvel’s Agents of S.H.I.E.L.D. (pictured) and Marvel movies
In a joint statement posted to their Instagrams in July, Grey and Gregg explained that they had made ‘the difficult decision to divorce.’
‘We remain close and are deeply grateful for the life we’ve shared and the wonderful daughter we’ve raised,’ the said.
They added the postscript: ‘We are totally crying as we post this.’
In a joint statement posted to Instagram in July, Grey and Gregg stated: ‘We remain close and are deeply grateful for the life we’ve shared and the wonderful daughter we’ve raised’