If Britney and the conservators continue to fight tooth and nail about turning over any financial information, this will not be the last fee order they're ordered to pay me on Kevin's behalf. A post shared by Britney Spears (@britneyspears). Even though hes one of the most recognizable names and faces in Vegas, nobody wants to pay his $15,000 fee anymore! a source told Radar. Market data provided by Factset. Britney has been paying her former partner Kevin $20,000 a month in child support as well as their childrens tuition and school costs, per TMZ. In an interview with People in 2008, Britney explained that she and K-Fed planned to have a formal wedding a month later, but decided against it. The wedding of Britney Spears and Sam Asghari was certainly an unusual one, with most of Britney's family not invited and those who were invited not even showing up. All rights reserved. Were glad you asked! In March, Kaplan confirmed to ET that his client wanted at least double the $20,000 a month he was previously gettinggiven Spearssuccess with her Las Vegas residency and worldwide tour, Britney: Piece of Me. Federline claimed in the documents that Spears earns in excess of $34,000,000 per year.. K-Feds lawyer told People in June 2021 explained why Britney and K-Fed have an unequal custody agreement. ), matters concerning the former couple's kids are likely to be more on the pricey side, too and some settlements end up being nothing short of outrageous. Getty Images. Under the custody agreement, K-Fed has custody of Sean Preston and Jayden James 70 percent of the time, while Britney receives 30 percent unsupervised custodial rights. Eventually, Spears gave in to his demands agreeing to pay thousands more in child support monthly. News confirmed that the father-of-two requested an increase in the $20,000 he receives each month, "given that the kids are older and the financial circumstances of the parties are significantly different than when the child support was originally resolved.". Did Jamie Lynn go to Britneys wedding? Entertainment Television, LLC A Division of NBCUniversal. This has gone on for years and years and years and there's a high chance that this will never stop, but I'm hoping for me that she will stop.". ", "Some of Kevin's friends think he feels threatened because Britney is doing so well that she might not need him to have the kids as much anymore. "A sum equal of $10,000 per week for each and every week of the Initial Leg," as well as "a bonus, at the sole discretion of Mr. Jamies Spears, of a sum up to $50,000. In fact, according to Distractify, in 2020, Jayden dubbed Federline "the best dad ever" on Instagram. As a result, Britney was legally granted two visits and one overnight stay per week. And if theyre reading this which Im pretty sure theyre not I love you two little devils so much !!!. According to a source close to the negotiations, Spears has agreed to pay Federline thousands of more dollars a month in child support. Please note that if you purchase something by clicking on a link within this story, we may receive a small commission of the sale. (Reuters) Two weeks after it was revealed that Britney Spears and Kevin Federline were gearing up for a legal battle following his demand for more child support, Unfortunately for Britney, this led to a court decision to remove her two children from her custody. He and Spears reached their last official child support agreement in 2007 around the same time the singers financial assets were entered into a court-ordered conservatorship managed by her father, Jamie Spears. Less than a year later, Britney was put under a conservatorship and her father, Jamie Spears, was named as the conservator over her $80 million estate. Federlines lawyer reportedly demanded $60,000 a month from Spears, which she and her conservator, father Jamie Spears, have refused to pay for claiming that he doesnt contribute financially to any of their two childrens lives. News, "This was an initial contributive payment. Their marriage was annulled 55 hours later. 44 related questions found. Powered and implemented by FactSet Digital Solutions. The semi-autobiographical fiction novel, which was co-written with Britneys mother Lynne Spears, follows Holly Faye Lovell, a 14-year-old girl from the small town of Biscay, Mississippi, who has dreams of becoming a singer. Buy: A Mothers Gift by Britney & Lynne Spears $5.21. The point of the August 3rd hearing was to determine exactly what Federline needs for the children, but his lawyer wants to sift through Spears finances to dial in on how much the Oops I Did It Again singer makes, according to TMZ. Britney has been paying her former partner Kevin $20,000 a month in child support as well as their childrens tuition and school costs, TMZ reports. RELATED: So What Really Went Down At Britney Spears's Wedding? In legal documents filed in May, Kevin requested that Spears cover his attorney's fees incurred to date and future fees anticipated to be no less than $250,000 and $100,000 for forensic accounting fees, in addition to requesting an increase in child support. In an interview with People in 2008, Britney explained that she and K-Fed planned to have a formal wedding a month later, but decided against it. Kevin Federline, 41, now has custody of the boys 70% of the time, while Britney Spears, 37, has 30% unsupervised rights. Britney has to pay Kevin $20,000 each month in child support. WebBritney Spears Salary & Earnings Overview: Record Sales 2016 Estimated earnings from her album Glory $260,000. Britney gave her fans a rare glimpse into her new normal with the MTV documentary Britney: For the Record. She said, If I wasnt under the restraints Im under right now, with all the lawyers and doctors and people analyzing me every day if that wasnt there, Id feel so liberated. she also added, When I tell them the way I feel, its like they hear, but theyre really not listening Its like, its bad. Federline has had full custody of their sons since 2008. As previously reported, Spears, 36, met Federline in court earlier this month over whether he qualifies to be paid more child support for their two kids. Spears disclosed she has been made to feel anxious and pathetic for wanting to be engaged in her son's lives, according to The Daily Mail. According to The Blast, in 2018 Spearsagreed to pay her ex-husband thousands more a month in child support in a new deal. 2023byTango Publishing Corporation All Rights Reserved. The site also reports that K-Fed receives $20,000 per month in child support for his and Britneys two sons. Pop star Britney Spears was back in the news in a major way in 2021 after a tell-all documentary unearthed the story of her 13-year conservatorship that recently She even shared a sweet Insta on March 24, saying, My 2 sons are geniuses !!! According to Pink News, Britney Spears's intimate ceremony meant a cut-down guest list. This alleged payment was in addition to the $20,000 Federline was already receiving in child support. He also guest starred in several episodes of One Tree Hill, and starred in reality TV shows like Celebrity Fit Club and Celebrity Baggage. See additional information. Regardless of Kevin Federline's supposed parenting prowess, there's no denying that Britney Spears is dropping a pretty penny on child support to her ex-husband but that won't discourage her from becoming a mother again in the future. Legal Statement. News reported that the agreement, which also sees Federline get custody of 13 year-old-Sean Preston and 12-year-old Jayden James 70% of the time, has been in place since 2018 before a court recently made it official. Jayden went on to reveal in an interview with The Daily Mail how he and his brother were torn over Spears' usage of social media, saying that one time, Preston requested Britney not to post his picture, but she did, which irritated him. Britney had her first son on September 14, 2005, when she was 24 years old, and she had her second roughly a year later on September 12, 2006. According to a source close to the negotiations, Spears has agreed to pay Federline thousands of more dollars a month in child support. He went on to say, "It's almost like she has to post something on Instagram to get some attention. I hope one day my kids understand my reasoning," she wrote. K-Fed and Britney met at a club in Hollywood in 2004 and immediately started dating. A rep for Spears and Federlines lawyer did not immediately return requests for comment. In an interview with The Sun, Jayden revealed they had cut ties with their mother Britney Spears. K-Fed also noted that he's What supplements should we really be taking? Before he met Britney, K-Fed worked as a backup dancer for artists such as Michael Jackson, Justin Timberlake, Pink and LFO. Christina Esuabom is a freelance article writer from Africa, who loves writing words that make reality TV sound even more real! News has reached out toSpears' attorney for comment. The LP was also panned by critics. WebHow much does Britney Spears pay Kevin Federline in child support? Who's Still Together From 'The Perfect Match'? But, custody issues arose between Britney and Federline in the months that followed. Most of her assets (over $56 million) are reportedly in And theyre hiding a horrifying secret. This isn't the first time Spears and Federline have had to renegotiate the agreement over care for their sons. "We understand and agree that it is in the best interest of the Children that they accompany the Initial Leg and that a safe and comfortable family environment be created for the Children during the Initial Leg," the court documents stated. Spears net worth is estimated to be about $60 million, per Forbes. Britney Spears has been ordered to pay ex-husband Keven Federline $110,000 in their ongoing child support battle. Britney has reportedly been paying Kevin $20,000 a month in child support as well as tuition and schooling, per TMZ. Just want to make sure that all of the considerations, how shes doing are taken into account if she seeks to change the custody order in the post-conservatorship era, if that ever comes.. #JusticeForBritney pic.twitter.com/PaMXmBRI67, Britney Stan (@BritneyTheStan) August 7, 2022. Keep up with her onInstagramandTwitter. After Spears and Federline divorced, and the latter obtained custody over their children, Spears was reportedly paying Federline $20,000 a month in child support, as well as tuition fees, school costs and funds for extracurricular activities, according to TMZ. In 2009, during Spears' "Circus" tour, Federline was reportedly paid Both the singer and Federline are satisfied with the appointment that has now been made. The outlet also reported that the Spears camp has agreed to raise the amount payout by $10,000, but thats it. Heres everything we know about Britneys boys, Sean and Jayden. News, due to a new custody agreement that was finalized last week. That seems to be what started this entire ordeal. E! Their second child together, a son named Jayden James, was born in 2006. The latest movie news, trailers, reviews, and more. As for Jamie'ssuspicions of Federline, given what's since come to light about his parenting mishaps, we have a feeling his concerns had little to do with fears of extortion, after all unless, of course, he was concerned that Federline's focus on parenting would impact his own alleged extortion. Therefore, his child support might plummet," the source continued. According toTMZ, Spears has been paying Federline $20,000 a month in child support as well as their childrens tuition and school costs, clothing, extracurricular activities and many other expenses to the tune of nearly $35,000 per month but, Federline wants more.