According to sources close to the negotiations, Britney agreed to pay Kevin thousands more a month in child support. There are several other items in the couple's new agreement but the deal is confidential.
We are told K-Fed and his attorney, Mark Vincent Kaplan were spotted this week coming out of the office of Britney's lawyer, Laura Wasser. Our sources say the famous lawyers hashed out the deal.
The road to a settlement between Spears and K-Fed did not come easy. As The Blast previously reported, the "Toxic" star was paying her baby daddy $20,000 per month for their two sons, but he complained that the life he provided for the boys paled in comparison to their insanely rich mother.
Federline had admitted he can't get hired for dancing jobs anymore because of his age and has trouble making ends meet while trying to take care of his other family obligations.
Brit's dad, Jamie Spears, offered Federline an extra $10,000 per month to call off the legal dogs, but K-Fed's attorney, refused to let him take the offer. As we've reported, Britney is worth $56 million, and she is making TONS of money with her residency in Las Vegas. Federline felt the child support amount he receives should be based off his baby mama being such a big earner.
The singer was also recently ordered to pay her baby daddy $100,000 to cover his legal fees and expenses during their negotiations.
Don't feel too bad for Britney Spears though, she's gearing up for the next run of her Las Vegas residency, where she will no doubt become much, much richer.