‘American Pickers’ Mike Wolfe No Longer Doing Business With Ex-Wife
American Pickers star Mike Wolfe is no longer doing business with his ex-wife. He dropped her from his company Antique Archeology. This comes amid her $6 million divorce payout. On December 6, 2021, the court finalized Mike and Jodi’s divorce, just over a year after she filed to end their 10-year marriage.
He removed her from his Nashville business. The store sells items from the show and also sells merchandise. During their divorce proceedings, the court awarded Mike with his store and business called Antique Archaeology Nashville. Jodi was a registered agent in the business but he dropped her.
Mike Wolfe removes ex-wife from his business
Meanwhile, Mike listed his sister Beth Welzenbach as a contact for the store. The reality star’s store is a hit among American Pickers fans. The location includes picks from the show and fan merchandise. Mike and Jodi took out a PPP loan at the height of the coronavirus pandemic.
The business loan program provided relief aid for businesses amid the COVID-19 pandemic. The former couple took out a loan in the amount of $74,097 on April 27, 2020. The loan was used for Antique Archaeology Nashville, according to the papers obtained by The Sun.
The status of the loan has been changed to “forgiven” in the amount of $75,080, which includes interest. It’s been “forgiven,” which means that neither Mike nor Jodi have to pay back the loan. The entire loan was used for payroll for 10 employees. In the divorce settlement filed in court and obtained by The Sun, Mike had to pay his ex-wife a total sum of $634,000 in alimony.
Aside from Antique Archaeology Nashville, Mike was also awarded their companies JCM Investments and MRW Inc. Yet, the American Pickers star had to also pay his ex-wife $5,228,878.73 to “provide for the equitable division of the marital estate.” Jodi also received their $2 million Nashville, Tennesse marital home as well as their North Carolina property.
American Pickers star moved on from their marriage
The breakout star from American Pickers has since moved on from their marriage. He moved into the $1,050,000 Tennessee bachelor pad he purchased in June 2020. He also started a new relationship with model Leticia Cline. As TV Shows Ace reported, she has her own $200,000 business. She has plenty of her own money and seems to be doing well as her business continues to grow.
American Pickers Season 23 debuted on January 1, 2022. The show made its return without original host Frank Fritz. The network fired him in July 2021. They replaced him with Mike’s younger brother, Robbie. Frank last appeared on American Pickers in a March 2020 episode.
He had to take time off to recover from back surgery. The cast member expressed an interest in returning to the show. However, the network decided to move on without him. What are your thoughts on the new season of American Pickers? Sound off below in the comment section.
Check back with TV Shows Ace for more news on the cast of American Pickers.
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Soooo happy Mike’s ex got so much in the settlement. Every time guys like him get a bit of success, they think they’re hot stuff. They pick up clout/money chasing women like this and suddenly, his adored young daughter and wife don’t exist. Best thing that ever happened to him. The show is awful without the contrast with Frank but I guess he wasn’t a big star like Mike’s ego. It’s just tired out, too but the channel needs a star show. He’s got millions, houses everywhere. He’s not low key Mike anymore. If you go to his “AA store” in Nashville, it’s a small handful of past finds marked up to crazy prices along with a thousand $30 Tshirts you can buy to advertise the show. That’s literally all it is. People just walk in and out looking for the guys and Danielle. He’ll be fine with his model girlfriend. We’ve seen her n*de everywhere online because of her activities on Howard Stern’s show and more. That’s a lot more exciting than hanging out with your kid, huh? I hope it was worth it.