Gran 'buys off' Jacko ex Rowe
And it just get's worse.
THE mum of Jacko's two eldest kids has been bought off to drop her bid to get custody of the pair, it was claimed today.
A family source revealed the children's grieving grandma Katherine Jackson has handed over a whopping $4million to get grasping Debbie Rowe to give up her parental rights.
The disgusted Jackson confidant told the New York Post: "It's one final payday."
The Jackson family was not happy about the mega-payout — which was supposed to have been sealed in LA yesterday — but they considered it a necessary evil, the source said.
"Ransom"
The friend added: "They felt it was like a ransom-type thing. She (Rowe) jumped back into the picture because she wanted money."
Rowe was an assistant to Jackson's doctor when she met and subsequently married the Thriller singer.
They had two children, Prince Michael, now 12, and a daughter, Paris, 11, before they divorced in 1999.
Rowe, 50, had forfeited her parental rights twice before in exchange for large amounts of cash.
After she split with Jackson, she agreed to allow the star to raise them in exchange for a lump sum of $8million, plus $900,000 annually for five years, it is understood.
Then when Jackson was accused of child molestation in 2001, Rowe resurfaced to reclaim her rights.
But she wound up giving her ex-husband full custody of the children anyway — in exchange for another $4million plus a $900,000 home.
This time around, she is forfeiting her restored parental rights to Jackson's mother, Katherine, in exchange for yet another $4million, it was said.
The source added: "This would be it. This takes away any rights she has to challenge custody at any given time
"If something happens to Katherine, she (Rowe) can't challenge the next guardian, whether that be Diana Ross or someone in the family."
Neither lawyers for Rowe nor Katherine Jackson have commented on the report.
While it had been thought that Rowe was demanding that Jackson's abusive father, Joe, have nothing to do with the children, the source said there is no such language in the agreement
Joe Jackson is reportedly pushing his dead son's children — including Prince Michael II, seven, known as "Blanket" who was born to an unidentified surrogate using donor sperm — to form a new group, The Jackson 3.
But the source said: "That's something the family would absolutely not tolerate."
The King of Pop's siblings are themselves involved in a venture that has become much more lucrative since his death.
Jackson's five remaining brothers were filming a TV pilot for what they hoped would be a reality series about them launching a reunion tour.
The source said while the five initially agreed to be paid a total of between $200,000 and $300,000 for the pilot, they now want to add footage of Michael's funeral into the mix — and boost their take to "between $10million and $20million".
<LI sizcache="3" sizset="69">The man behind Michael Jackson's London shows said today he was hoping to finalise a one-off London show featuring the late star's brothers and sister Janet.
Promoter Randy Phillips, chief executive of AEG, said he was "confident" he would make a decision this week about whether a show to mark what would have been Jackson's birthday on August 29 should go ahead.
The 50-year-old singer - who died in Los Angeles last month as he prepared for a mammoth series of This Is It comeback shows - had been due to kick off his run last night at the 02 Arena in East London.