Infamous ex-wife Debbie Rowe is reportedly out of the running for custody of Michael Jackson's children. The New York Post is reporting Jackson's ex wife gave up her parental rights for a $4 million paycheck from Katherine Jackson.
"This takes away any rights she has to challenge custody at any given time," a Jackson family source told the paper.
The source says "the family isn't happy" about the payout, but they consider it a "necessary evil."
Rowe is the biological mother of Prince Michael, 12, and Paris, 11.
UPDATE: Rowe's attorney, Eric George, has denied the New York Post's story, saying the report is "completely false." Click here to view George's letter to the New York Post.