Sylvester Stallone divorce: 'Rocky' star denies wife's allegation he wasted family 'assets'

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WEST PALM BEACH — "Rocky" and "Rambo" star Sylvester Stallone has responded to his estranged wife Jennifer Flavin's petition for divorce in Palm Beach County Circuit Court, acknowledging her claim that the couple's marriage is "irretrievably broken" but denying accusations that he wasted marital assets.

In a response to the court filed Monday, attorneys for Stallone wrote that he "has not engaged in any conduct which constitutes intentional dissipation, depletion and/or waste of marital assets."

In the response, Stallone, 76, also opposed Flavin's request to have exclusive use of the couple's Palm Beach home during the proceedings to end their 25-year marriage. The court documents did not address who will be allowed access to the residence.

Flavin, 54, filed for divorce Aug. 19 on the grounds that the marriage cannot be salvaged.

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Days after Flavin's petition to dissolve the marriage, Stallone refuted rumors that a disagreement over the care of a family dog was a factor in the split, telling the website TMZ "we did not end the relationship on such a trivial argument."

"We just went in different directions," the Hollywood icon told TMZ. "I have the highest respect for Jennifer. I will always love her. She's an amazing woman. She's the nicest human being I've ever met."

Stallone, former model Jennifer Flavin married in 1997

The couple married in May 1997 in London and have three daughters: Sophia, 25; Sistine, 24; and Scarlet, 20. In December 2020, Stallone and Flavin bought a lakefront Palm Beach estate on the far north end of the island, paying $35.38 million through a trust company.

Sylvester Stallone poses with his wife Jennifer Flavin and their daughters, from left, Sophia Rose, Sistine Rose and Scarlet Rose at the premiere of "The Expendables" in Los Angeles on Aug. 3, 2010.
Sylvester Stallone poses with his wife Jennifer Flavin and their daughters, from left, Sophia Rose, Sistine Rose and Scarlet Rose at the premiere of "The Expendables" in Los Angeles on Aug. 3, 2010.

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Last December, “Rocky” and “Rambo” star Sylvester Stallone used his Southpaw Trust to buy, for a recorded $35.38 million, this lakeside estate at 1480 N. Lake Way on the North End of Palm Beach.
Last December, “Rocky” and “Rambo” star Sylvester Stallone used his Southpaw Trust to buy, for a recorded $35.38 million, this lakeside estate at 1480 N. Lake Way on the North End of Palm Beach.

About a month after the sale closed, Stallone declared himself a primary resident of Palm Beach County, court documents show. Flavin, a beauty and cosmetics entrepreneur and a former model, made the same declaration.

The Palm Beach estate covers 1½ acres with 253 feet of water frontage on a lot facing the Intracoastal Waterway. It is also is near the Palm Beach Inlet to the Atlantic.

The property has a two-story main residence, a separate two-story guesthouse and a pool pavilion. When the house and outbuildings last sold, the sales listing noted there were seven bedrooms and 13,241 total square feet of living space, inside and out.

In her petition, Flavin asked the court to consider the conduct of each party that could potentially lengthen the process and asked that the court encourage mutual cooperation to reduce the cost of legal fees.

In their response, Stallone's attorneys noted that Flavin "hired counsel to represent her and agreed to pay them their legal fees."

Palm Beach Daily News reporter Darrell Hofheinz contributed to this story.

Julius Whigham II is a criminal justice and public safety reporter for The Palm Beach Post. You can reach him at jwhigham@pbpost.com and follow him on Twitter at @JuliusWhigham. Help support our work: Subscribe today. 

This article originally appeared on Palm Beach Post: Sylvester Stallone divorce filing denies wife's claim of wasted assets