Get the latest from TODAY
Tom Cruise and Katie Holmes fans may be hearing wedding bells — or maybe the sound of a cash register. The couple reportedly have hammered out a prenuptial agreement that will give Holmes as much as $33 million and that will pave the way for the two to get hitched.
The happy couple and their lawyers have come up with a contract that will give Holmes $3 million a year up to $33 million for each year that she is married to Cruise, as well as a palatial home in Montecito, California, according to Life & Style Weekly. If the marriage lasts longer than eleven years, the contract becomes void and California's community property law kicks in — giving Holmes half of Cruise's rather sizeable fortune.
When contacted by The Scoop, Cruise's rep declined to comment, but an "insider" told the mag that Holmes's parents had been trying to get her out of the relationship — but have changed their minds and now want her to marry Cruise. “If she walks now, Tom will fight her for custody of , and Katie can’t outlast him in court,” an insider told the mag. “She knows she needs to marry him to get the money to fight him for custody, if it comes to that.”
Banished to the basement
Kevin Federline has been sleeping in the basement — and Britney Spears' mom has called in a "Christian life coach" to help work things out between the pregnant pop star and her aspiring rapper hubby, according to Us magazine.
"[Spears is] a hormonal mess," a source told the mag. "She's crying all the time and is under an incredible amount of pressure and Kevin can't deal with it."
Still, they are not getting divorced, a source told the mag, explaining that "it's an in-between stage" where they don't get along, but are trying to be civil to each other.
"Britney won't throw Kevin out," an insider told Us. "If he leaves, it is because he decided it was time to go." The Christian life coach is reportedly urging the former Kabbalah dabbler to look to her Baptist roots to find the power to ditch Federline. "She is trying to show Britney that she has more power over Kevin and help give her the strength to dump Kevin," says a source.
Spears' rep told the mag, "Britney is a great woman and mother and just trying to live her life." Federline's rep says, "There's no breakup news; he's busy in the studio."
Notes from all over
Keanu Reeves was spotted at L.A. restaurant Cut looking cozy with actress Claire Forlani, reports a source. . . . Paul Newman isn't happy with Hollywood's current infatuation with sequels. "I think Hollywood is in love with sequels," the famed actor told reporters while promoting "If it's successful once, just jazz it up and shoot it out there again, which I think is unfortunate." . . . Liev Schreiber says he won't rehearse “Macbeth” in front of his sweetie, Naomi Watts. "I try to spare her," the actor, who'll be performing the Shakespeare play in New York, told Life magazine. "I think she finds it a little boring."
Mondays through Thursdays on MSNBC.com