Britney and K-Fed Settle Up

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




Filed under: Break-Ups, Britney Spears

Reader Comments

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46. DUMB ASS....He COULD HAVE HAD 25 Million!!!!
FOOL.....now go take care of your BLACK children!
Bet They won't get a cent.....

Posted at 9:08AM on Mar 30th 2007 by Kevin

47. they are both trailer trash who deserved each other.
He can always take that MIL and go to a Trailer Trash State and buy a mansion
and still have a lot of money to live off of.
personally I am going to miss all of the parodies about them
Mad TV use to crack me up the way they protrayed them
K-Fed is a useless wannabe who will never amount to anything
and Brit Brit will never have the glory she had when she gave up
her career to be with K-Fed.
remember when they first started dating and she wanted to be with him she faked a leg injury to cancel her tour?
then like the next day there was pics of her without her leg brace running around town bare footed and fancy free while concert after concert had to be cancelled due to her leg injury.
she turned her back on her fans when she met him and her fans are going to remember that.
I have never been a Brit Brit fan but I have enjoyed their traler trash antics.

Posted at 9:18AM on Mar 30th 2007 by who care their both trailer trash

48. he'll be broke in no time. Kids will be visiting him in the trailer park or at ex-wife's house.

Posted at 9:20AM on Mar 30th 2007 by Holly

49. All you people who keeps quote Forbes list saying spears has a 100 million dollar need to pay attention to what Forbes stated

the Forbes list clearly states that those were GROSS lifetime earnings

with everything she did she brought in around 100 million dollars

take 50 % of that away in taxes
manager gets 10-20 %
Attorneys ,accounts,stylist,publicist,spears takes care of her entire family,all the money k fed blew in the last 2 years= Britney would be lucky to have 20 million in liquid assets

Posted at 9:31AM on Mar 30th 2007 by QQQQ

50. Does anyone want to place bets on how long before Britney poses in playboy? She's going to have to start making some serious $$$ soon. She is spending and not earning at a dizzy rate.

Posted at 9:55AM on Mar 30th 2007 by Deb

51. That KF is one ugly dude.

Posted at 10:06AM on Mar 30th 2007 by dingleberry

52.
Welcome to McDonalds would you like to supersize that value meal.........................lol.

Posted at 10:13AM on Mar 30th 2007 by keeping it real

53. HEY #30- AMEN!!! ANYONE WHO THINKS THAT BRITNEY IS A REAL WOMAN BETTER THINK AGAIN! A REAL WOMAN WOULD TAKE CARE OF HER CHILDREN & NOT LET SOMEONE ELSE RAISE THEM. THEY DID NOT ASK TO BE BROUGHT INTO THIS WORLD. SHE IS A PIECE OF NO TALENT, CLASSLESS TRASH.

Posted at 10:13AM on Mar 30th 2007 by Me

54. guarantee that boy didnot walk away with a million dollars he held those kids over her head and walked away with alot more and 50/50 custody and when all this started he was only getting visitation come on that boy got paid i can tell that and he got joint custody you know that he got paid trust me look at the custody agreement and from her behavior she was looking like the unfit parent he was looking like a saint i say he got more than a million bucks

Posted at 10:15AM on Mar 30th 2007 by maxi

55.
I don't buy that any pre-nup is iron-clad, especially when kids come into the relationship. Kevin may get $1 million but he will also get 1/2 of the proceeds from the Malibu home. Even if cutody is 50/50 Britney may have to pay Kevin child support as children have to continue to live in the style they are accustomed to living. Bottom line is Kevin will have a very nice home; cars; money and security guards for at least the next 18 years. Let's face it, women do this all the time ~ what's fair for the goose is fair for the gander!! Shades of Madonna and Carlos Leon!

Posted at 10:25AM on Mar 30th 2007 by Lolo

56. Nobody wants to see Brit's fat butt now. That's the problem, she thinks she looks like she did before the kids. Newsflash! She don't.

Posted at 10:31AM on Mar 30th 2007 by You wishyouhadthemoney

57. Children have to continue to live in the style they are accustomed to? I would check that with an attorney, Lolo. That only applies to the spouses. Most judges will try to keep children at this age with the mother unless she can be proven to be unfit. In this case, I think unfit could apply to both Britney and Kevin actually. He puts on a good front for the cameras now that he knows they are watching, whereas she couldn't care less about the cameras, but he's no better than she is. Just ask Shar!!

Posted at 11:01AM on Mar 30th 2007 by ohnoudient

58. #15, according to the FORBES LIST miss spears is on the list at
number 12) Britney Spears $100M ....

i think someone should do a bit of research before calling other people names, especially when it's regarding stupidity...

Posted at 12:25PM on Mar 30th 2007 by princess the ruler

59. Too bad she had to give him anything! Loser squared........

Posted at 12:36PM on Mar 30th 2007 by pam

60. How come you never hear about K-Fed seeing or talking about his other 2 kids? things that make you go Hmmm! i agree with "yeahright"

Posted at 12:53PM on Mar 30th 2007 by Justwondering

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