Enrique Iglesias Backs Out of Tour with Britney Spears

By Simone Hilliard

Just hours after Britney Spears announced her upcoming summer tour with Enrique Iglesias on Tuesday's "Good Morning America," the Latino heartthrob backed out of the double-billed performance with the pop princess.

According to Billboard, money may be to blame. Although Iglesias has been a headliner for some time, announcing the tour on the day Brit dropped her latest LP, Femme Fatale, leads many to assume that Ms. Spears is the headliner and Iglesias the opening act. Additionally, Spears was rumored to pull in several times what Iglesias would earn on the "joint" tour.

Iglesias' rep released the following statement confirming the tour's demise:

"Unfortunately, Enrique Iglesias and Britney Spears will not be touring together. Despite initial reports based on formal discussions of the possible run, Enrique will continue on his solo tour in support of his new album 'Euphoria.' Enrique has great respect for Britney and is a longtime fan of her work. He is very sorry for the confusion this might have caused to anyone."

While Brit reworks the line-up of her summer trek, Enrique will continue on his European tour which kicked off earlier this month and wraps up June 11 in Scotland.

Do you think Enrique was right to back out of his tour with Britney? Sound off in the comments, or @MTV3.

Tags Britney Spears, Enrique Iglesias, Femme Fatale, Tour