People.com Celebrity Parents Retraction: Kevin Kline and Phoebe Cates NOT expecting third baby By Staff Author Published on August 30, 2005 07:45 AM Share Tweet Pin Email Retraction: Kevin Kline and Phoebe’ Cates PR person emailed me that this info we posted on June 17 is not true. Kevin and Phoebe are NOT expecting a third child. …11 years after their last! Actors Kevin, 57, (De-Lovely, The Big Chill) and Phoebe, 42 next month, (Fast Times at Ridgemont High) have a 14 year old son Owen, and a 11 year old daughter, Greta. This new baby seems to be a winter arrival, since Phoebe isn’t showing a bit yet! Thanks to Victoria for the news.