Submitted by: kirkland on Monday November 13th, 2006 at 08:36 PM EST

The British tabloid News of the World reported Federline is shopping around an explicit video of his antics with his wife on their honeymoon. The dumped husband, nicknamed Fed-ex, has been touting the four-hour tape for sale and a film company wants to make it available online to fans around the world. Allegedly he has already been offered $65 million.

One 'close pal' said: "This vid is dynamite and Kev knows it." Meanwhile, a 19-second video clip appearing on adult video-sharing website PornoTube is allegedly an excerpt from the honeymoon video. The footage was posted by a user identified only as "Stripper". The raunchy 19-second clip shows a woman with dark hair performing oral sex on a man rumoured to be her estranged husband Kevin Federline.

The newspaper also revealed that Britney slapped divorce papers on Federline - who had already been linked with prostitutes - after she caught him in a bedroom with another woman. The News of the World says that Federline's nights out in Las Vegas boozing, gambling and picking up prostitutes are the real cause of the marital breakdown. Unfortunately for K-Fed, the sixty page prenuptial agreement he signed gave away his rights to the massive fortune Spears has built on the backs of adolescent girls.

» Full story @ Playfuls