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Mel Gibson

Actor to Pay Oksana $750,000

8/31/2011 8:15 AM PDT BY TMZ STAFF

0831-mel-oksana-ex
Mel Gibson
has agreed to fork over $750,000 to his baby mama Oksana Grigorieva as part of their custody settlement ... TMZ has  learned.

According to the terms of the agreement, revealed today in court, Mel will give Oksana the money in 3 installments of $250,000 -- the first payment will be made when the deal is signed today.

The next payment will be made on Sept. 15, 2013 -- and the final payment will be made on Jan. 1, 2016.

Today in court, the judge in the custody case said the couple will have joint legal and physical custody of their daughter Lucia.

The judge also said the house that Oksana and Lucia are living in will be sold when Lucia turns 18 and the money will be placed in a trust for Lucia.

083111_oksana_v2_videoThe couple also agreed that no books can be written by either party ABOUT the other party. The judge also mentioned that neither party can hire a ghost-writer to write a book about the other party either.

If any repairs need to be made on Oksana's home, Mel is required to pay for the work -- up to $5,000.

The judge asked both Mel and Oksana if they understood and agreed to the terms of the settlement -- and they both replied, "Yes."

During the hearing, Mel addressed the judge and said, "Thanks for a reasonable conclusion."

Oksana also spoke ... saying, "Thanks to the judge for the tremendous help to resolve this matter."

111 COMMENTS

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1.

Uncle Rufus    

NOT LAST!

1062 days ago
2.

fuddyduddy    

Sounds like a good deal.


What about attorney fees?

1062 days ago
3.

Cravin Morehead    

Far cry from $15M! Hope this is correct and it's all she gets!!!

1062 days ago
4.

sky    

congrats gold-digging anchor baby momma

1062 days ago
5.

Cheryl A.    

Mel, you can pay me a one time payment of #250,000 and I PROMISE to never write about you, talk about you, bear your child or even think about you.

1062 days ago
6.

CountryGal    

Let this be a lesson to other men who want to leave their wives for a younger hotter piece of ass. S***bags!! They will never learn. The next idiot will be on tmz shortly.

1062 days ago
7.

Hanging to da lef    

This is extortion!!!

1062 days ago
8.

carol    

OMG. WHY??????????????? She and Casey Anthony need to disappear for good.

1062 days ago
9.

Justice_4_Kelly    

WHORE!

SHES NOTHING MORE THAN A MODERN WELFARE QUEEN ...SPREADING LEGS AND PUMPING OUT BABIES FOR A PAYOUT!

1062 days ago
10.

WHITEOUT    

Typical of her if she never met Mel she would have been in a trailor park smoking meth having u no what with her brothers.

1062 days ago
11.

carol    

Who is paying her lawyer bills?

1062 days ago
12.

fuddyduddy    

I'd like to hear more details. Honestly, I think there is more to this than what's written above. It could be that the entire set of audios has to be handed over so that they don't mysteriously show up in the hands of ROL.


Notice that Horowitz was not around?


I like the fact that the money is spread out.


I like the fact that OG has to move her tushy out of the house when Lucia turns 18. She just lost free rent for the rest of her life! That was worth a good chunk of money right there.


I'm glad that neither can write a book. I'm sure SHE was chomping at the bit to do just that and add 'author' to her distinquished resume!


I think Mel came out well in this.

1062 days ago
13.

Ih8Taxes    

Wow, this 2-bit whore really cashed in.

1062 days ago
14.

Marty    

Mel, next time, find a nice Jewish woman, they would treat you better. Um, well maybe not treat YOU better.

1062 days ago
15.

CelebJustice    

Glad this is finally over. Now the whore can move on to her next victim.

1062 days ago
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