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Britney Spears' Conservatorship A Requirement Of Planet Hollywood Deal

Britney Spears will be raking in plenty of dough for her Las Vegas residency, but she won't be seeing any of it -- since a court has ruled that the paychecks will go to the conservatorship headed up by her dad, Jamie.

A court put Jamie in charge of Brit's finances and personal affairs shortly after her 2007 breakdown, and even though she's been through more than a dozen hearings since, she's been declared incapable of handling her own life.

A source close to the situation tells Perez Hilton, "The contract clearly states if Britney’s conservatorship ends, Planet Hollywood has the right to cancel the deal. Britney will have a medical team in Las Vegas, and if needed, her psychiatrist, who is based in Los Angeles, will be made available to her should she need."

Britney's residency kicks off on December 27th.

Filed Under :
Location : Las VegasLos Angeles
People : Britney Spears