July 12, 2025
Justin Bieber has settled a financial dispute with his former manager Scooter Braun.
As per a recent report by People, the Baby singer agreed to pay Braun $26 million
The amount is part of an advance the singer received from AEG Presents for his 2022 Justice tour.
When the tour was canceled, Braun’s company HYBE, covered the cost for AEG. Bieber had agreed to pay them back but reportedly made only one payment.
A tipster also revealed to the outlet that Bieber will pay another $5.5 million, which is half of $11 million in unpaid commissions he owed Braun. The total payment adds up to $31.5 million.
TMZ was first to reported, the news on Thursday, the same day Bieber announced his new album Swag and fashion brand SKYLRK.
The news comes two years after Bieber sold his 291-song catalog to Hipgnosis Songs Capital for $200 million.
“Justin is truly a once-in-a-generation artist and that is reflected and acknowledged by the magnitude of this deal,” Braun said at the time.
“He is facing a lot of different demons right now,” a source added in April. "He is making some really poor decisions lately, further impacting friendships, money, and business."