Now that the divorce proceedings are underway, Kevin Federline needs to make some loot and what better way to do that than to write a sleazy tell all book about his relationship with Britney Spears. (I guess nothing in his OWN life is worth writing about.)

Brit and Kev in happier days.

According to reports over at MSNBC, K-Fed is prepared to “tell all” including stories of wild drinking, alleged drug use, and her sexual attraction towards other women.

“Kevin is either hoping a publisher will pay him big money for the book,” a source told the tab, “or that Britney will cough up more cash than what’s in their prenup [an estimated $360,000 in spousal support plus $7 million from the sale of their Malibu, Calif., home] to keep him from spilling the beans.”

Britney’s first husband, Jason Alexander has also voiced an interest in writing a tell all book about his relationship with Britney.

What are your thoughts on tell all books written by celebrity exes? Would you read it?