Kevin Federline is reportedly planning his return to reality television now that his ex-wife's life isn't so chaotic.

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The former Britney & Kevin: Chaotic co-star is developing a new reality series following his life with girlfriend Victoria Prince and his two sons with ex-wife Britney Spears, E! News reported Monday.

"Victoria is a big part of the series," a source told E! News. "They are not engaged, but she lives with him full-time in his place in Encino."

Somewhat surprisingly, Spears apparently has no problem with sons Sean Preston and Jayden James appearing in the new series with Federline and Prince.

"Victoria and Britney first met before Britney's tour at Kevin's home," the source told E! News. "They had a meeting face-to-face, when Victoria was home alone with the kids. It was awkward, but Britney was nice."

Prince -- a former AVP volleyball player -- is currently helping K-Fed when he has custody of the two children and is also taking online graduate classes in communication.

"Victoria actually quit her entry-level job at Fox Sports in L.A. after meeting Kevin," the source told E! News. "She's considering returning to volleyball, but isn't sure."

Federline's rep did not return E! News' request for comment, and a VH1 representative would not confirm it was working with Federline and Prince on the project.

Federline and Spears previously starred in the short-lived Britney & Kevin: Chaotic reality series, which aired five episodes on the now-defunct UPN in Summer 2005.

While he subsequently planned a return to reality television early last year, he was forced to put those plans on hold "because of the Britney situation" -- a reference to Spears' infamous behavior that included a 24-hour mental and physical checkup at Cedars-Sinai Medical Center and a stint in UCLA Medical Center's psych ward.
About The Author: Christopher Rocchio
Christopher Rocchio is an entertainment reporter for Reality TV World and has covered the reality TV genre for several years.