Jamie Lynn Spears Ditched Baby Daddy for Sugar Daddy

Jamie Lynn Spears has quietly parted ways with the father of her baby, Casey Alridge, and is now dating a Louisiana business man who's ten years older and much richer than Casey. Spears, 18, is now with James Watson, 28, reports Star Magazine.

A source said that the couple began dating in December after meeting a year ago. Watson lives in Hammond, La. which is near the Spears family home in Kentwood. His company, Advanced Multimedia Partners, installs communications equipment and hi-def TVs for corporations.

The source revealed:

"I don't think James cares at all about who she is. They really seem to like each other."

The source added that:

"James enjoys making money, and enjoys spending it, too."

Jamie Lynn, the younger sister of singer Britney Spears and former star of Nickelodeon's "Zoey 101", surprised her fans when she became pregnant at 16 with her then boyfriend Casey Alridge. They got engaged, but eventually called it off and stayed together to raise their daughter, Maddie.

Aldridge is now back in his hometown in Mississippi, and Spears is in Louisiana raising Maddie and, obviously, finding time for romance with Watson.

A so-called friend told Star that Spears and Alridge only stayed together for appearance's sake:

"Even when she was pregnant, she didn't really see a future with him. She only gave the impression of staying with him so long because it looked better in the eyes of the public."