Justin Bieber’s $31 Million Debt to Ex-Manager on Hold Until Hailey Bieber’s Rhode Deal Closes

Justin Bieber won’t be cutting a $31.5 million check anytime soon! According to reports, the pop superstar won’t settle his multimillion-dollar debt to ex-manager Scooter Braun’s former company, Hybe, until cash from the massive Rhode beauty sale lands in the bank.

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Sources have told TMZ Bieber owes $26 million to Hybe after they covered his canceled ‘Justice’ tour costs, plus half $11 million in unpaid commissions. The total? A cool $31.5 million. But the Bieber allegedly doesn’t have the liquidity until wife Hailey Bieber’s Rhode deal, valued at roughly $1 billion, closes. The ‘Peaches’ singer is an investor, with his cut expected to be around $50 million.

Fans wondering about his previous $200M catalog sales? That money is allegedly long gone thanks to taxes and expenses. The upside is Bieber keeps ownership of his masters.

As for Rhode’s payout, insiders say the cash could flow in a month or two.

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