The statement comes amid rumors that Justin's $31.5 million settlement with Scooter Braun was postponed in timing with Hailey's e.l.f. Beauty deal in May

Justin Bieber is reportedly depending on his wife, Hailey Bieber, to pay his $31 million settlement with Scooter Braun. A source told TMZ on Thursday that a term within the settlement specifies that Justin won’t have to pay his former manager until Hailey’s Rhode $1 billion deal with e.l.f. Cosmetics hits their bank account.

The pop star's wife Hailey was also in attendance at the L.A. celebration, putting to bed any break-up rumors.

Hailey Bieber's rep shut down rumors that her husband Justin Bieber needed the money that the model made from her $1 billion Rhode Skin deal to pay off his debt to his former manager Scooter Braun.

The Biebers stayed in a luxury villa in Mallorca for Hailey's Rhode launch. The trip was an important move for Hailey's business, and a source tells PEOPLE both she and Justin are thrilled to see the company's growth.

He] doesn’t particularly handle [fame] well,” a source close to he singer told Page Six, suggesting personal demons haunt the pop star and his young family.