According to court documents obtained by TMZ, the 39-year-old's legal team claimed that her dad already said it was in her best interests to step back, but is trying to seek money as a condition to leave.
The pop icon's legal team alleges that that 69-year-old is seeking approximately $2 million. According to documents obtained by Radar Online, Jamie said he needs $1.3 million to pay his legal bills and $541k to pay a company named Media Matters. He also asked for an additional $500,000 to pay Tri-Star management.
However, Britney's new attorney Mathew Rosengart was having none of it. "The status quo is no longer tolerable, and Britney Spears will not be extorted," he wrote in court docs, per TMZ.
Rosengart reportedly said that Jamie should resign now but if he doesn't, the court should suspend him on September 29.
"The world heard Ms. Spears’s courageous and compelling testimony. Britney Spears’s life matters. Her well-being matters. Every day matters. There is no basis to wait," Rosengart wrote in the docs.
"Britney Spears will not be bullied or extorted by her father. Nor does Mr. Spears have the right to try to hold his daughter hostage by setting the terms of his removal. This is not about him, it is about the best interests of his daughter, which as a matter of law, mandate his removal," the lawyer told TMZ.
"Even putting aside the legal issues requiring his prompt removal, if he loves his daughter, Mr. Spears should resign now, today, before he is suspended. It would be the correct and decent thing to do," he added.
Last month, Jamie agreed to step down and "work with the Court and his daughter's new attorney to prepare for an orderly transition to a new conservator."
"Ultimately, the Court knows that what Mr. Spears is saying is true: He loves his daughter and he is acting (and has always acted) in only her best interest," his attorneys wrote in August. "The transition needs to be orderly and include a resolution of matters pending before the Court."
The "Toxic" singer spoke to the court on Wednesday, June 23, and said the conservatorship is "abusive." She claimed that she was put on lithium, has an IUD she cannot get removed and was made to perform.
Jamie has overseen her $60 million estate since she was placed in the conservatorship in 2008 following a mental health crisis.