The Biebers just can’t escape the rumor mill.

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The “Peaches” singer reportedly agreed to pay $26 million to Scooter’s company, HYBE, to reconcile money they paid to AEG for his canceled 2022 Justice tour, according to insider sources, who spoke to People and TMZ.

Jemal Countess / Getty Images fo Anti-Defamation League
In addition, Justin agreed to pay $5.5 million to cover half of the $11 million in unpaid commissions he reportedly owed Scooter, bringing the total to $31.5 million.
Jeff Kravitz / FilmMagic
On the same day the settlement was reported, we learned Justin was releasing his seventh album, Swag, and launched his new fashion brand SKYLRK.
Joseph Okpako / WireImage
Amidst this, speculation arose that Justin’s settlement was postponed to line up with Hailey’s $1-billion Rhode acquisition from e.l.f. Beauty in May to help with his debts.
Monica Schipper / Getty Images for The Business of Fashion
But, according to People, a rep for Hailey revealed that Rhode’s financial business is not associated with Justin’s settlement.
“The historic sale of Rhode is a huge accomplishment for Hailey and is completely separate from her husband and his business affairs.”
Dave Benett / Dave Benett/Getty Images for Rhode
Rhode was launched back in 2022 with Hailey as the founder, and now that it has been acquired, she will also serve as a strategic advisor, a chief creative officer, and head of product innovation to oversee marketing and innovative production.
In May, a source told People, “This deal came to her,” and she didn’t even have to seek a buyer.
Bloomberg / Bloomberg via Getty Images
“She’s incredibly excited about this new step. She’s proud of how far rhode has come, and she truly believes that teaming up with e.l.f will help take the brand to the next level. The resources and support they’re bringing to the table are everything she’s been hoping for.”
Lionel Hahn / Getty Images
“To be acquired and recognized by such a powerful global company feels like such an honor to her. She can’t wait to take Rhode global. She also received a generous cash payout as part of the deal.”
ANGELA WEISS / AFP via Getty Images
So, there you have it! Hailey and Rhode are standing on cosmetic business, and Justin’s financial affairs apparently have nothing to do with it.
I love a good power couple!
We reached out to Justin’s team for further comments, and we’ll let you know when we hear back.
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