Britney Spears is just over a week since announcing that she and fiance Jason Trawick have called off their engagement. The 31-year-old singer stepped out in Los Angeles this weekend, wearing a super-small silky dress.

The outing was one of Spears’ first since she broke up with Trawick, 41, her boyfriend of three years, on Jan. 11.

“Jason and I have decided to call off our engagement,” the former X Factor judge told Us Weekly in a statement. “I’ll always adore him and we will remain great friends.”

Trawick, for his part, added: “As this chapter ends for us, a new one begins. I love and cherish her and her boys and we will be close forever.”

The couple, who got engaged a year ago, is reportedly making a clean break of it, with Spears returning her $90,000 engagement ring to the talent manager. Trawick’s name has also been removed from the singer’s conservatorship.

Britney’s reportedly eyeing a deal that would take her to Vegas for a couple years. She’s apparently choosing between a couple several-hundred-million dollar deals. I think the move would be really good for her!

Photos: FameFlynet, Source

According to TMZ, there is a major bidding war going on between three Vegas hotels – wanting to bring Britney Spears and her act to Sin City.

TMZ broke the story last week … Britney was in serious negotiations with one of the Caesars properties to perform several nights a week on a regular basis, as well as make regular appearances at several clubs and pool events.  Well, we just found out … since we posted our story two other properties — at least one not associated with Caesars — have thrown their hat in the ring.

There’s a story out that Britney has already inked a $200 million, 2-year deal with Caesars.  WRONG.  No deal has been signed.

But as we reported …. sources connected with the negotiations tell us … Britney could get $100 mil a year and maybe more.  That’s what Celine Dion made and Britney could be an even bigger draw.

$200 MILLION for TWO YEARS!? Can you believe that! This is really amazing for a girl who doesn’t actually have any talent when it comes to singing (in my opinion). Homegirl just puts on a good show, I guess! Oh the things that could be done with $200 million.

On the plus side, maybe it would be good for Britney to get out of L.A. for a couple years…try something new. I think this post deserves my favorite Britney picture.

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Britney Spears is MOVING ON!

Britney and her fiance Jason Trawick have broken up. This comes as absolutely no shock to me, because I could never see any chemistry between the two of them. She always looks so depressed, so down, whenever she’s with him. I don’t know. Maybe it’s for the best? Fingers crossed? She has been much healthier as a person since they got together, but I’m thinking maybe Britney needs someone to perk her up a bit.

Britney, 31, confirmed the news to People Magazine. “Jason and I have decided to call off our engagement. I’ll always adore him and we will remain great friends,” Spears said in the statement, with Trawick adding, “As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever.”

“Britney Spears and Jason Trawick have mutually agreed to end their one-year engagement,” her rep Jeff Raymond said. “As two mature adults, they came to the difficult decision to go their separate ways while continuing to remain friends.”

TMZ reports that it was a “friendly breakup” and they simply “grew apart”. TMZ also reports that Trawick has been removed as Spears’ co-conservator and her father Jamie Spears will once again take over full conservatorship.

Spears and Trawick began dating in 2009 and got engaged on Trawick’s 40th birthday in December 2011. The former “X Factor” mentor — who just announced she would not be returning to the show – has two sons, Preston, 7, and Jayden, 6, with her ex-husband Kevin Federline, whom she divorced in 2006.

A source close to Britney confirmed to E! News that the mother of two returned her $90,000 engagement ring to now ex-fiancé Jason.

I read somewhere this morning that Britney’s considering a move to Vegas where she’ll star in her own show. That might be a good idea for her – for a while, but doesn’t she seem so young for a Vegas show?

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Britney Spears will not be back as a judge on ‘X Factor’ next season! According to TMZ, Britney has left the show, in order to focus on her music career!

We have unimpeachable sources who tell us Britney loves the show but wants to focus on her music … which she is doing right now. Britney is in the studio recording her 8th album, with some help from Will.i.am and producer Hit-Boy, the brains behind Kanye and Jay-Z’s N***s in Paris.”

One of our sources tells us … “Britney loves Simon, she likes Demi Lovato but her thing is music.”

We’re told after she completes the album, Britney is seriously considering going on tour again.

Walking away from $15 mil …Yeah, she’s that rich.

I had a feeling she wouldn’t be back. I’m surprised she quit, we had heard rumors that she was going to be fired. Whatever…I don’t watch the show anyway. No skin off my back! Wonder who they’ll get to replace her!

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Looks like Britney Spears’ won’t be coming back for season 2 of X Factor!

According to US Weekly, the singer “will get the boot. Producers wanted her for the long haul, but it isn’t working.”

So what went wrong? Well, for one thing, they don’t feel she’s earning her $15 million contract. “They paid all that for her to say ‘amazing’ and offer half-claps.”

Adds a third source of show co-creator Simon Cowell, who is leading the charge to axe the performer: “He wanted crazy Britney, but he got boring Britney.”

Spears’ firing would be the latest in a long line of departures over the show’s short lifespan. In the space of just two seasons, the series has lost or let go of Paula Abdul, Nicole Scherzinger, Cheryl Cole and — most recently — L.A. Reid, who announced his decision to leave earlier this month.

Spears is likely next on the chopping block, but Cowell, 53, hasn’t always had it out for her. During a conference call in October, he told reporters that she had been “a lot better than everybody thought…She’s very engaged…She has been, I think, a very, very good judge.”

Alas, their professional relationship seems to have soured some, as has the singer’s personal relationship with fiance Jason Trawick. Sources tell Us that the mom to Preston, 7, and Jayden, 6, has been increasingly butting heads with her beau.

“They are pulling away from each other,” a pal explains to Us. “Unless things change, they will split for good.”

$15 million for one season’s work? That’s ridiculous. I knew from the beginning Britney was a horrible idea, and I’m not even being paid for my opinion. How could they not see this coming?

Source, Photos: FameFlynet

Kevin Federline‘s brother Christopher is making some pretty serious claims…including that he slept with Britney Spears during her marriage to his brother, and fathered her now-7-year-old son Sean Preston!

This isn’t kid stuff, people!

According to the  National Enquirer, Christopher Federline filed for a temporary restraining order against Britney on December 18 in U.S. District Court in Tampa, Florida, claiming The X-Factor judge has stolen from, blackmailed and harassed him. Check out some of this crazy in some clips via Radar.com:

In the papers, Christopher says Britney recently “went to Kevin’s house to pick up Sean Preston and Jayden James, and [his] wallet was on Kevin’s coffee table when Britney opened it up and stole [his] Capital One credit card.”

Christopher claimed in court docs that when he followed up on the alleged theft — which accounted to more than $4,500 in charges — “Britney … laughed at me [and] told me my brother Kevin ruined her life. Britney made fun of me and told me I have a small penis.

“She also blackmailed me and told me if I tell the police that she stole my credit card, that she will tell the world I’m the true father of Sean Preston, not Kevin.

“I do confess I slept with Britney, and I am the true father, but the public does not need to know,” he admitted.

A source told the Enquirer that when Christopher contacted Britney about the credit card, she “just laughed at him,” and “threatened to tell Kevin she and Chris had sex while she was married to Kevin … and tell everyone that.”

Yikes.  I’m not saying I trust the Federline family, but geez, these claims seem pretty crazy.  Why would Christopher Federline wait so long to file claims? And, do you think Britney Spears did take part in any of this? I guess I’m asking how much YOU believe of this mess, and how much seems like bogus information…

Photo: FameFlynet

While most people will be relaxing, eating and generally celebrating this holiday season, Britney Spears and Jason Trawick have bigger fish to fry…

Spears and her fiance/conservator are spending the next few weeks planning damage control and deciding if they are going to officially call it quits in the new year on their three-year plus relationship.

“It’s a make or break holiday for Britney and Jason,” a source close to the singer tells RadarOnline. “Things have been getting worse and worse with their relationship for several months now, and they know they have to figure things out once and for all because they can’t keep going on like this.”

Yikes.  Since Jason sees Brit Brit on The X Factor (he’s a producer) and at home, AND he’s her conservator, it’s not just a simple romantic entanglement, but so much more.

“If they do decide to call off the engagement for good, things are going to be tricky, legally and financially, so it isn’t just the state of their relationship they have to think about,” the source says. “If there wasn’t those considerations involved they would of split a while ago.”

Want more proof?

“Britney and Jason have been sleeping in separate bedrooms for a very long time,” another source previously revealed to Radar. “She has been staying in a hotel during the week because of the live X Factor shows, and although Jason stays at the same hotel, he is in a room adjacent to hers.

“Jason feels like he is Britney’s babysitter and it’s pretty much just a business arrangement at this point. Jason does love Britney and the boys, but he just can’t see himself spending the rest of his life with her.”

Oy, how hard would it be to be in a relationship that’s like babysitting?  I think these two should break it off. Thoughts?

Photo: FameFlynet