Justin Bieber’s team is calling out reports that the pop star is drowning in $20 million debt – and they’re not holding back.
After The Hollywood Reporter dropped a piece claiming the 31-year-old singer still owes over $20 million to Scooter Braun’s company after canceling his Justice tour in 2022, fans started buzzing. According to unnamed insiders, Bieber received a $40 million advance from tour promoter AEG, and since he backed out of the tour, he’s reportedly on the hook for the leftover cash.
Even though Bieber sold his entire music catalog in early 2023 for a massive $200 million, sources say he’s still “writing checks he can’t cash.” But Bieber’s team says that’s all bogus.
They told THR, “Any source that is trying to sell you a story about alleged financial distress … either doesn’t understand the entertainment industry or, more likely, is trying to paint an unflattering portrait of Justin, which bears no resemblance to reality.”
The article also claimed that Bieber gave up around $90 million in potential revenue by canceling the tour and letting go of over 100 crew members. That might sound like a financial nightmare, but Bieber’s reps aren’t having any of it.
In a statement to Us Weekly, his team said the story was “just clickbait stupidity based on unnamed – and clearly ill-informed – ‘sources,’ disappointed that they no longer work with Justin.”
They made it clear he’s focused on his future: “As Justin forges his own way forward, these unnecessary stories and inaccurate assumptions will continue. But they won’t deter him from staying committed to following the right path.”
What do you think, media spin or real money trouble?
- $20M in Debt? Justin Bieber’s Team Slams “Stupid” Money Rumors - April 18, 2025
- Hasan Piker’s Name Just Got Pulled Into the Diddy Scandal – Here’s Why - April 18, 2025
- Aaron Rodgers Reveals He’s “In a Serious Relationship” - April 18, 2025
