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.

Hailey Bieber may have just taken a subtle jab at Scooter Braun after his gushing post about Justin Bieber’s new album. The Rhode founder took to Instagram Stories on Saturday with a cheeky, exaggerated selfie -- eyes and lips comically distorted -- and soundtracked it with Mariah Carey’s "Obsessed.

After Justin Bieber and Scooter Braun, his former longtime manager, went through a public fallout, they have reached a financial deal.