Britney Spears and Kevin Federline have reached a divorce settlement.
The couple, who married in September 2004 before Britney filed for divorce last November, agreed the deal during a five-hour meeting in Los Angeles yesterday (29.03.
07).
Kevin is rumoured to be receiving a $1 million payment, with the couple sharing custody of their two sons, [ ]
Britney Spears will give Kevin Federline nearly £10 million in their divorce settlement.
The singer has agreed to give her estranged husband £1 million in cash, plus half her earnings from their two year marriage.
In the out of court settlement, Kevin will also receive half of the money made from selling their Malibu marital home.
Kevin Federline is to star in an insurance commercial.
The aspiring rapper, the estranged husband of Britney Spears, has been hired by Nationwide Insurance to star in one of their advertisements.
The advert is set to run during some of the most expensive airtime on US Television. Male model Fabio Lanzoni and MC Hammer have both previously [ ]
Kevin Federline has reportedly demanded a £26 million pay-off from estranged wife Britney Spears.
The fledging rapper has allegedly told Britney if she agrees to the settlement then he will not fight her for custody of their two sons, 15-month-old Sean Preston and four-month-old Jayden James.
Kevin s demands are said to have left Britney in tears.
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