Mel Gibson’s Hefty Custody Payout

Posted Wednesday August 31, 2011 1:12 PM GMT

It has been a long and strange road to resolution, and finally Mel Gibson and Oksana Grigorieva have reached an agreement over money.

According to a report, the “Lethal Weapon” stud will pay his ex-girlfriend/babymama $750,000 as part of their joint custody arrangement.

Thankfully for Mel, it’s not a lump sum, but rather three installments of $250,000 each, which is still a steep bill.

Additionally, the money from the sale of the home shared by Oksana and their daughter Lucia will go into a trust for Lucia. Both parties are happy with the agreement.

Photo Credit: Getty Images

More Photos of This Celebrity