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$100 Million for K-Fed's O-Face?

Oct. 27 2008, Published 7:07 a.m. ET

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SAY CHEESE Federline and Spears Looks like celebrity smut peddler David Hans Schmidt drastically underestimated the general public's interest in watching Kevin Federline demonstrate exactly how he knocked up Britney Spears (twice).

In the Sept/Oct. 2005 print edition of Radar, Schmidt—the porn broker behind videos starring everyone from Fred Durst to Dustin Diamond—ventured that a Britney Spears sex tape would fetch anywhere from $10-$15 million (tipping the higher end of the scale if she were pregnant, natch). Now comes Fox News' report that British rag News of the World is offering Federline $50 million for the tape, which it says, "makes Paris Hilton's homemade video look like a Disney cartoon." And she's not even preggers!

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Last year, Schmidt told us he'd only shell out that kind of change for a tape of Brad and Angelina doing the nasty (only George W. Bush was worth more), but he's apparently reconsidered: "I'd offer $100 million if this tape is any good," he tells Radar. "What the fuck is News of the World doing trying to get into the porn-selling business, anyway? They're just trying to sling arrows into the dark to get some headlines. No way they'd make their money back."

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