Mel Gibson and his estranged ex-girlfriend Oksana Grigorieva have finally reached an agreement in the long contested custody dispute over two-year-old Lucia.
As per the terms of the settlement, Gibson will need to pay Grigorieva three installments of $250,000: a quarter million dollars after the releases has been signed, another installment after September 2013, and a final $250,000 in September 2016.
In addition, Gibson’s former Russian beau will be able to live in the former Oscar winner’s California home in Sherman Oaks until Lucia turns 18-years-old. After then, the home will be sold and the proceeds of the house will be put in a trust fund for her daughter.
The settlement also states that both parties are not allowed to publicly discuss each other or their relationship be it in a film, in a book, through any online articles, any further audio recordings, or through any other mediums.
The custody also calls for both Gibson and Grigorieva to have a 50-50 joint custody of their daughter.
While getting a cool three quarters of a million dollars might sound good to many of us, last November, reports surfaced that Grigorieva reportedly turned down a $15 million offer from Gibson in a settlement between her lawyers and the actor. At the time, she was allegedly upset that her lawyers weren’t able to get more money out of Gibson and decided to take him to court to see “where the chips might fall,” a leaked email said at the time. Nearly one year later, it seems that if Grigorieva took the offer, she could have had an extra $14.25 million in her pocket.