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Kevin Costner gambled $38M of his own money and mortgaged property to make Horizon films: 'I'm as far out on a limb right now as I've ever been'

4 months ago 8

By Cassie Carpenter For Dailymail.com

Published: 15:39 BST, 20 May 2024 | Updated: 15:56 BST, 20 May 2024

Kevin Costner was rumored to have spent $20M of his own money in order to help fund his $100M-budget two-part western Horizon: An American Saga, but it was actually $38M.

'That's the truth. That's the real number,' the 69-year-old Yellowstone star confirmed in his GQ cover story on Monday.

'It's kind of an independent movie. My wife [Christine Baumgartner] and I knew we were going to finance it. We just mortgaged a property, a beachfront property in Santa Barbara. Ten acres. I said, "It's a good deal." And she said, "Yeah, one more and we're out of business."'

Kevin finalized his contentious divorce from his 49-year-old ex on February 16 after 18 years of marriage, but he said the split was 'not related' to his 'crazy' financial gamble.

Contrasting himself to Ahab in Herman Melville's 1851 novel Moby-Dick, Costner said: 'The white whale obsessed him so much that he would take everybody down with them. I take nobody down with me. I take the risk myself.'

Kevin Costner was rumored to have spent $20M of his own money in order to help fund his $100M-budget two-part western Horizon: An American Saga, but it was actually $38M

The 69-year-old Yellowstone star confirmed in his GQ cover story on Monday: 'That's the truth. That's the real number. It's kind of an independent movie. My wife [Christine Baumgartner] and I knew we were going to finance it. We just mortgaged a property, a beachfront property in Santa Barbara. Ten acres. I said, "It's a good deal." And she said, "Yeah, one more and we're out of business"'

The two-time Oscar winner - who's been dating Grammy-nominated singer Jewel - agreed to pay Christine $63K/month in child support to help care for son Cayden Wyatt, 16; son Hayes Logan, 15; and daughter Grace Avery, 13.

Kevin not only battled Baumgartner in court, he also battled Yellowstone creator Taylor Sheridan over the filming schedule along with delays from the WGA/SAG strikes pausing filming on Horizon, which he now wants to expand to two films despite not securing the financing. 

'So much. Very serious stuff. And those things are very important,' Costner marveled.

'I have to deal with them. And I have to deal with them on a daily basis, emotionally, historically almost. And then there's the immediate needs of children. I'm not going to list the things — I'm going to stop right there with them. That is my job, looking at that, and dealing with that.'

The Modern West frontman conceded: 'There's a lot that has happened. I'm right now looking at myself in the dark and going, Are you going to f***ing stand up and finish? Get up. I'm the audience. Get up, Kevin. Get the f*** up and deal with this and find the joy every day of seeing your kids play while you're here — and then work your a** off to get this thing finished.' 

Kevin produced, wrote, directed, and stars as Hayes Ellison in the two-part epic set before and after the Civil War, which hits US theaters June 28 and August 16.

'I can't let go of this rope no matter how much my heart's on the ground, no matter how broken I may be on a daily basis, I can't let go of this rope because if I do, this thing called Horizon will stop,' Costner explained.

'And Horizon's not more important than the other things in my life, but I do have a level of responsibility to those guys that invested with me, to the people that believe in me, to the people that want to work all four of these, and are willing to postpone other jobs on the hint that I might work. And so it doesn't matter how much water's hitting me in the face, I can't let go of the rope that is this thing.' He said it again, almost to himself: 'Pull. Don't just f***ing hold on. Pull the f***ing rope too.'

The JFK alum added: 'I'm as far out on a limb right now as I've ever been. There's, f***ing, some animal... There's eight down there that want me. And I'm going to just be a ball of fur if I hit the ground. So I'm up here. I'm as far out as I've ever been.'

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