Britney Spears & Jason Trawick Call It Quits!

Britney Spears and her boyfriend, Jason Trawick have called it quits after dating more than three years and being engaged for a year. Rumors have been circulating for months that Spears and Trawick were on the out and its possible they waited until after The X Factor ended to make the announcement.”Britney Spears and Jason Trawick have mutually agreed to end their one-year engagement,” her rep Jeff Raymond tells PEOPLE exclusively. “As two mature adults, they came to the difficult decision to go their separate ways while continuing to remain friends.”

“Jason and I have decided to call off our engagement,” Spears says in the statement. “I’ll always adore him and we will remain great friends.” Adds Trawick: “As this chapter ends for us a new one begins. I love and cherish her and her boys and we will be close forever.”

Spears may have a new venture to keep her busy now that she is single and off The X Factor…she is interested in a Vegas residency. “She is very interested in a Vegas residency, and is in serious talks with one of the major casino groups.”

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