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Britney and K-Fed Settle Up

3/30/2007 9:00 AM PDT BY TMZ STAFF

TMZ has learned Britney Spears and Kevin Federline have reached a settlement in their divorce.
Brit and K-Fed
Sources say that under the terms, K-Fed will walk away with around $1 million (In case you're wondering, Spears' lawyer, Laura Wasser, drafted and airtight pre-nup). As for their two kids, we're told Britney and Kevin will have joint custody, sharing physical custody 50/50. The divorce will be final, with a judge's signature, very soon.

Britney and K-Fed settled their score after meeting face to face with their lawyers for hours Thursday afternoon.

In the past, when Wasser settled a high-profile divorce, the parties filed a "skeletal judgment," which meant the specific terms were omitted from the public documents.

Britney Spears


81 COMMENTS

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1.

antiAMERICAN IDOL    

NOTHING FROM NOTHING LEAVES NOTHING

YOU GOTTA HAVE SOMETHING

IF YOU WANNA BE WITH ME.... (Kevin Federline)

2661 days ago
2.

dorothy    

Now Brit can clean up her act...

2661 days ago
3.

Lenn K.    

I Look at this way, he walked in with nothing and came out with jewelry, several cars and 1 million bucks. Not back for two years work!!!!!

2661 days ago
4.

Sad    

I think 50/50 custody is a good idea, given Britney's past antics.

2661 days ago
5.

Khanndy    

LMAO @ # 1.

2661 days ago
6.

Khanndy    

LMAO @ # 1.

2661 days ago
7.

Andrea    

It is about time that Britney gets rid of that loser. She was an amazing woman before she got involved with him She had so much going for her before he came along. I wish she would go back to the way she was before she met him. He is sorry low life trash and he ruined her! I hope that she will get over him and move on with her life. Her two sons need her. She needs to pull herself together, quit the partying, and make a comeback! All K-Fed wanted her for was her money and fame. She could have any man she wants so why she picked that sorry piece of no good trash I will never know. She was foolish to have children with him because neither one of them are mature enough to be parents. She decided to have children so she needs to grow up and be responsible instead of going out and partying all of the time. Her sons deserve to have their Mother around instead of being raised by nannies.

2661 days ago
8.

Lady Hadenough    

Man, you can't even buy a decent 2 bedroom condo in L.A for that much!! Come on Brit, ante up some more cash so your kids can stay with dad in a decent place and not in his leftover from the marriage, Hummer.

2661 days ago
9.

sk8rgurl    

Straight up #1, that was funny as hell

2661 days ago
10.

They about to get paid!!!!!!!!!!!!!!!!!!!!!!!!!    

she spent 19 million while she was married to him and he still made a million,not bad,now all thats left is a double wide and a park for her to park it in. we can call it britts trailer park wonderland

2661 days ago
11.

swanee    

CHECK THIS OUT mel gibson part quattro youtube.com/watch?v=BOsqOUzT9as

2661 days ago
12.

vegasdreaming702    

Britney Spears should kiss her managers ass for talking her in to a prenup. One millon is chump change to britney... But then again Kfed does get half of the money from the malibu house...............Still Britney Spears walked away with a cheap divorce! lol

2661 days ago
13.

Larry wanna a cracker?    

50/50 custody? That means the babies will now have at least four nannies instead of two. Yeah, great deal for the kids.

2661 days ago
14.

steve    

I think it is hilarious that in hollywood celebrity terms, K-Fed is now basically broke

2661 days ago
15.

KMART    

how can he live on that?

2661 days ago
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