Justin Bieber’s newest album is his first release after parting ways with his former manager, Scooter Braun, who discovered the singer on YouTube in 2007.

Justin Bieber and Scooter Braun have reached a settlement following a financial dispute. Another insider tells PEOPLE that Bieber will also pay an additional $5.5 million, which covers half of $11 million in unpaid commissions he owed Braun, 44, totaling a cool $31.5 million.

Justin Bieber has reached a financial settlement with former manager Scooter Braun, agreeing to pay a total of $31.5 million to resolve a dispute stemming from the cancellation of his 2022 "Justice" tour,