Wednesday, March 21, 2007
Britney and K-Fed Hammer Out Settlement
Britney Spears and Kevin Federline have reportedly settled on a divorce agreement, one which leaves the erstwhile rapper at least $15 million richer.
She'll be giving him $1 million in cold hard cash, and half her earnings for the 2 years they were married. Fortunately for the Britster, she barely worked during that time, and was busy pooping out babies and eating Cheetos instead.
The newest internet search engine king will also get half of whatever their Malibu mansion sells for, which is currently on the market for around $7.5 mil.
In addition to the financial settlement, the two have worked out a custody arrangement for the two kids, which gives each parent 50% physical custody for the time being. Britney will get full custody in the future, with Kevin getting visitation.
A source said, "Her time in rehab showed Britney that Kevin loves his kids and is a good dad."
The source went on to say that the two had an "amazing" meeting on Sunday, where they hammered out the terms of their divorce.
Brit checked out of Promises rehab yesterday, a few days shy of the 30 day programs ending, so she could attend Kev's birthday party.
Labels: Britney Spears, Kevin Federline