Britney Spears hit up a Laker’s Game on Friday night. Her second toothy-grinned public outing since she shafted K-Fed with a peanut settlement of $1 million in the couple’s odd divorce.

According to the terms of their divorce, the soon-to-be former Bride of Federline will make the one-time payout and the couple will share custody of their infant and toddler sons. Britney Spears will officially be another single and kooky girl living in California once a judge marks the agreement with a John Hancock (Signature that is.)

If we were Brit, we’d be popping out the bubbly, too. Who, what, where, when, why, and how did she get a “professional dancer,” which is code of “Aspiring artist/waiter,” to settle for a cool million?!

Ok, ok, we know she’s been sipping quite a few bottles of Jack Daniels, but surely the Former Teen Queen of Pop still has some money left. What a sad day for Gold Diggers nationwide. Kev, you gotta learn to milk your resources, man.

At one point Britney had reportedly offered her Geico commercial star of an ex $50 million (some tattles say $10-$15 million) to get out of her hair (no pun intended), and she couldn’t even sell him on that. So, what gives?

Settling for a low-ball offer like this can only mean one thing: Brit’s got some dirt on K-Fed.

A third baby mama, perhaps? Did she find out he played the tuba in high school (ie: the equivalent of holding a loser stick)? Caught him chasing squirrels in his car? Maybe Kev wears thongs in his spare time.

Or maybe, just maybe, the man single-handedly responsible for driving a parlayed singing career into the career decided to pick up his marbles and go home. In layman’s terms, he may just feel sorry for her.

Why do you think Kevin accepted a mere one million divorce settlement?