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Kevin Costner hosts star studded fundraiser in Santa Barbara took on hosting duties for the
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Kevin Costner hosts star studded fundraiser in Santa Barbara took on hosting duties for the
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NewsTranscript
00:00 Kevin Costner hosts Star-Studded fundraiser in Santa Barbara.
00:03 Kevin Costner took on hosting duties
00:05 for the Star-Studded Fall 1-805 Live Festival on Friday.
00:09 It was held at the Academy Award winner's
00:11 $26 million Oceanside Polo Field.
00:14 That's just a stone's throw away
00:16 from his lavish $145 million Santa Barbara estate.
00:20 The Yellowstone star, 68,
00:22 who reached an amicable divorce settlement
00:24 with estranged wife, Christine Baumgartner,
00:26 appeared to be in good spirits
00:28 as he flashed a big smile at the event
00:30 that drew celebrities as well as local police
00:32 and firefighters.
00:33 The flagship festival was headlined by Maroon 5
00:36 and helped raise funds to go towards supporting
00:38 first responders throughout the county,
00:40 per the official website.
00:41 The Oscar winner was previously set
00:43 to initially host the festivities with Baumgartner,
00:46 but due to their recent split, he took on the big role.
00:49 Costner was also given an honorary award during the event,
00:52 which was presented by Prince Harry and wife, Meghan Markle,
00:55 who were also in attendance.
00:56 1-805 is an organization that was founded in 2018
01:00 and aims to raise proceeds
01:02 for three of the first responder groups,
01:04 including fire, police, as well as sheriff,
01:06 throughout the county of Santa Barbara.
01:08 Kevin's multimillion dollar estate was a hot topic
01:11 in the actor's recent divorce battle with ex,
01:13 Christine Baumgartner,
01:14 who notably filed for divorce earlier in May.
01:17 Earlier this week, the former couple came
01:19 to an amicable settlement to end their divorce fight.
01:22 However, they are due to back in court on Wednesday
01:24 to make a few finalizations.
01:26 The couple had been due to thrash it out
01:27 over whether Baumgartner, 49,
01:29 would be awarded $855,000 to pay her legal bills,
01:33 something that has now been taken off the table.
01:35 Nevertheless, the scheduled hearing is still due to go ahead
01:39 with Judge Thomas Anderle likely to be given details
01:41 of the settlement prior to signing off on it.
01:43 The warring couple made the shock announcement on Tuesday,
01:46 saying in a statement, "Kevin and Christine Costner
01:49 "have come to an amicable and mutually agreed
01:51 "on resolution of all issues pertaining
01:53 "to their divorce proceedings."
01:55 According to TMZ, the agreement includes
01:57 a bigger cash settlement for Baumgartner,
01:59 who was originally to be paid a lump sum of $1.5 million
02:03 and a year's worth of mortgage payments
02:05 towards a home worth up to $1 million
02:07 per their prenuptial agreement.
02:08 The new settlement is likely to be similar
02:10 to the one previously offered by Costner
02:13 in a letter sent on June 30,
02:14 which would have paid her $75,000 a month in child support.
02:18 The mom of three rejected that,
02:20 wanting child support set at $161,000 a month,
02:24 only for the amount to be halved following a hearing
02:26 at the start of September.
02:27 Baumgartner had also wanted to challenge
02:29 the prenuptial agreement with a trial over its validity
02:31 due to take place in December,
02:33 although that will no longer happen.
02:35 The surprise settlement comes less than two weeks
02:37 after Baumgartner vowed to fight on
02:39 after a setback over child support
02:41 that saw her temporary payments of $129,000 a month
02:45 slashed in half to $63,000.
02:47 In his decision, Judge Anderle said he approved
02:50 the lower figure, which had been championed
02:52 by Costner's team, because he believed
02:53 the higher amount was disguised spousal support.
02:56 On Tuesday, a friend told DailyMail.com
02:59 that Baumgartner had agreed to settle
03:01 because Costner has all the power.
03:03 The friend explained, "Christine didn't really have a choice
03:05 "but to settle because Kevin had all the power.
03:07 "Had she continued fighting,
03:09 "she would risk losing everything.
03:10 "Christine said it is what it is,
03:12 "that she won't miss going to court
03:13 "and having sleepless nights.
03:15 "She said for the kids it's a win
03:16 "because no child wants to go through this,
03:18 "let alone in public.
03:19 "She was the one who wanted to settle things
03:21 "outside of court in the first place.
03:23 "She never wanted any of this circus.
03:25 "It's been a living nightmare
03:26 "and now she just wants to move on
03:28 "and start fresh and begin making her new house a home."
03:30 Last week, Christine officially began moving
03:33 her personal belongings to her $40,000 a month rental
03:36 in Santa Barbara.
03:37 She moved to the new temporary luxury rental home
03:40 after she was ordered to vacate
03:41 their $145 million California compound
03:45 and has previously claimed that the new place of residence
03:48 isn't good enough for her family.
03:49 The spacious house notably sits on one acre of land
03:52 and has an assortment of amenities,
03:54 such as a jacuzzi,
03:55 is also located next to a wooded hiking trail.
03:58 A large truck and movers were seen parked
04:00 outside of the residence
04:01 as they started to unload Christine's furniture
04:03 and other items.
04:04 Christine had argued in a recent court hearing
04:06 with her ex, Kevin, also in attendance,
04:09 that the Oscar winners beachfront mansion
04:11 was far more superior to her own $40,000 a month rental.
04:15 While the home has four bedrooms,
04:17 picturesque gardens, custom designed interiors,
04:19 a swimming pool and a pool house,
04:21 she explained that guests would still have to go
04:23 to the main home to use the shower.
04:25 Baumgartner claimed that in the rental home,
04:27 her two sons would have to share a bathroom
04:28 while her daughter will share hers with the house.
04:30 During the course of their nearly 19 year marriage,
04:33 the "Dances with Wolves" star
04:35 and his estranged wife welcomed children,
04:37 Caden, 16, Hayes, 14 and Grace, 13.
04:41 She further argued during the court hearing
04:42 that she wanted her children to have a comparable lifestyle
04:45 that they had before the separation.
04:47 In his testimony,
04:48 Costner said the property was comparable
04:50 to his own luxury home in nearby Carpentaria
04:53 and said it even has features he would like in his own house.
04:55 The court also heard details of the family's lavish spending
04:58 which totaled $240,000 a month in 2022.