New court document say Britney Spears' dad has been 'paying himself $16,000 per month' for the past 12 years

Advertisement
New court document say Britney Spears' dad has been 'paying himself $16,000 per month' for the past 12 years
Nick Ut/AP/Steve Granitz/WireImage
  • Britney Spears' lawyer filed a petition on Monday to remove Jamie Spears as a conservator.
  • In the new documents, attorney Matthew Rosengart alleges Jamie Spears has lived off of the estate.
  • Rosengart claimed that Jamie Spears has paid himself $16,000 per month, for the last 12 years.
Advertisement

Britney Spears' new lawyer, Mathew Rosengart, made a direct petition to remove Jamie Spears, her father, from her conservatorship on Monday.

The documents filed by Rosengart alleged that Jamie Spears has been paying himself $16,000 a month since 2009 through Britney's estate.

Monday's filings marked the first time Britney Spears' legal team has formally moved to remove Jamie Spears from the conservatorship. The documents included statements of support from Britney's mother, Lynne Spears, and co-conservator Jodi Montgomery to remove Jamie Spears as a conservator.

"Mr. Spears has profited handsomely from his daughter's conservatorship. By way of illustration only, since at least 2009, Mr. Spears has been paying himself $16,000 per month from Ms. Spears's Estate, $2,000 more than he has allotted to Ms. Spears," Rosengart wrote in the filings reviewed by Insider.

"Mr. Spears also pays himself an additional $2,000 per month for office expenses - again, from Ms. Spears's Estate," Rosengart added.

Advertisement

Insider reached out to Jamie Spears' litigation counsel Holland & Knight for comment. In a June court hearing, after Britney Spears spoke, Vivian Lee Thoreen, an attorney for Jamie said he "is sorry to see his daughter in so much pain. [He] loves his daughter and misses her very much."

The documents also allege that after Jamie Spears removed "temporary" from his title as a conservator, he started to profit.

Rosengart also said Jamie Spears has "paid multiple teams of expensive attorneys to represent him and the conservatorship, including in actions routinely against Ms. Spears's express wishes."

"In addition to that monthly compensation, Mr. Spears has paid himself a share of the revenues generated by Ms. Spears's performances. He reportedly received 1.5% of the gross revenues generated by Ms. Spears's performances and merchandise sales associated with her highly successful multi-year Las Vegas residency," Rosengart wrote in the filings.

The petition said Britney Spears' gross revenue from Vegas was about $137.7 million, plus merchandise sales.

Advertisement

"Mr. Spears cut from that residency is estimated to be at least $2.1 million. He also received a 2.95% commission on Ms. Spears's gross revenues on her 2011 'Femme Fatale' tour, which yielded him an estimated $500,000. Although it is common for managers, agents, and other industry professionals to receive a percentage of an artists' earnings, Mr. Spears is none of those," Rosengart wrote.

"He is a conservator and, as a conservator, his role is to be burdened by, rather than benefit from, the conservatorship," Rosengart said.

{{}}