Report: Jamie Lynn Spears to Get $1M For Story, Photos

How did the deal go down? It started when Britney melted down at an OK! Magazine photo shoot this summer (one of so many great Britney moments of ‘07).

Britney Spears and Jamie Lynn’s mother, Lynne Spears, then read the disastrous account in the article and called OK! to thank them “for handling it so well.”

She stayed in touch with OK!, and called them after she learned that boyfriend Casey Aldridge got Jamie Lynn Spears pregnant. Lynne’s only requirement? Keep Britney out of it. This is about Jamie Lynn alone, Lynne told them.

“She trusted them to do it in a way that would be sympathetic to her daughter,” a source tells the venerable celebrity news website TMZ.

Lynne Spears brokered an OK! deal for a pregnant Jamie Lynn Spears.

Jamie and mom did not want money up front, but OK! agreed to pay $1 million to Jamie Lynn Spears for a photo shoot after the child is born. That should help her statutory rapist / baby-daddy Casey Aldridge with his legal bills, at least.

Why the figure of $1 million and not higher?

Because the 16-year-old Jamie Lynn Spears is not an international star, the celebrity gossip magazine knows it can’t sell the pics overseas, and thus, doesn’t want to shell out multiple millions of dollars for them. Good thinking, OK!

Interesting side note: Buzz is circulating that Jamie Lynn is a bit further along in the pregnancy than the 12 weeks she says in the article. Spring baby, anyone?

Also, it appears that the OK! servers crashed because of the site’s huge traffic in the past 24 hours - not unlike The Hollywood Gossip’s server when the Vanessa Hudgens nude photo scandal broke back in September. We feel for you, guys.

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