Apparently K-Fed was offered 10 million in a settlement or something, but he refused it, and now he's given Britney an ultimatum that goes something like :50 million, or I get custody of the kids.
What a slimeball, though I can't feel too sorry for Brit because she brought this on herself. In the kids best interest though, I think it'd be better if neither of them were given custody, and they just went to a grandparent or something.