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Britney Spears files petition to boot dad from estate, says he gets $16,000 a month while she gets $14,000

Nancy Dillon, New York Daily News on

Published in Entertainment News

LOS ANGELES — Britney Spears did it again – this time in a scathing petition.

The pop star and her new lawyer blasted her dad Monday in the critical and long-awaited filing seen as a precursor to the court actually ruling on her request to fire Jamie Spears from his role managing her $60 million fortune.

In the formal petition asking for the “suspension and removal” of Jamie as conservator of Britney’s estate, the “Oops! ... I Did It Again” singer’s new lawyer Mathew Rosengart said his client has been living in a “Kafkaesque nightmare” that has left her “traumatized” while lining Jamie’s pockets.

Rosengart says that since at least 2009, Jamie has been paying himself $16,000 a month from the estate – which is $2,000 more each month than he allots his daughter.

Jamie Spears also receives $2,000 per month for office expenses, employs a team of lawyers charging millions in fees and pays himself “a share of the revenues generated by Ms. Spears’ performances.”

The filing claims Jamie’s cut from Britney’s Las Vegas residency “is estimated to be at least $2.1 million,” and that he yielded an estimated $500,000 from her 2011 Femme Fatale tour.

 

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

“Mr. Spears is not a professional business or financial manager. In fact, the Spears family struggled financially under his leadership and filed for bankruptcy in 1998,” he wrote.

But alleged misconduct aside, Rosengart said his client is so “fearful” of her father, his role in her life has left her feeling “traumatized,” unable to sleep and on the verge of tears every day.

“The venomous nature of this relationship makes Mr. Spears’s prompt removal under (the law) inexorable, as it is detrimental to the wellbeing of the very person the conservatorship is supposed to protect,” Rosegart wrote in the 127-page filing obtained by the Daily News.

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