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Oh Lambs! Mariah Carey and James Packer finally reach a monetary settlement

This could sink the Artic P...
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Like a lamb to the slaughter, Mariah Carey will certainly be singing some high notes following the outcome of her settlement agreement with her ex-fiance James Packer.

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The Blast reported that Queen Mimi and her former Aussie billionaire beau reached a settlement a few months ago.

The outlet shared that Mariah is set to receive $5 – $10 million dollars ($6 million – $13 million AUD)… Including her 35-carat diamond engagement ring.

Mimi and the mogul took their love public in 2015, stepping out in Capri.

According to the website, Mariah might not be too pleased with the outcome.

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Apparently the mum to six-year-old twins Moroccan and Monroe, was after a cool $50 million to compensate her relocating to Los Angeles to be with the 50-year-old Aussie.

James was introduced to the iconic singer by now-disgraced film producer Brett Ratner back in July 2014.

Their whirlwind romance resulted in James getting on bended knee, proposing in January 2016.

For a hot minute, they were happy.

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Mimi joked about her whopping ring, “It’s so heavy I can’t lift my arm up!”

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Speaking with The Weekend Australian, the casino mogul broke his silence on just what went wrong.

And, according to the billionaire, lavish spending, the Church of Scientology and reality tv ventures — just a few of the reasons why the couple are rumoured to have called it quits — had nothing to do with it.

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James, 50, said that he was in billions of dollars worth of debt when he met the hitmaker after borrowing big in the hopes of providing his sister Gretel with some of the money left in their father Kerry Packer’s estate. He was also losing money on a separate Hollywood venture.

“But it was a mistake for her and a mistake for me.”

“I was at a low point in my personal life,” he said.

“Documenting the negotiations with my sister was taking longer than expected. Brett Ratner put Mariah and me together. She was kind, exciting and fun. Mariah is a woman of substance. She is very bright.”

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He added: “But it was a mistake for her and a mistake for me.”

Mimi is doing just fine with the help of back dancer Bryan Tanaka

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