So just as Michael Jackson was about to board a plane to the U.K. to speak at London's High Court, word from his legal advisers called him off.
Details of the settlement remain unknown at this point.
In addition to $7 million, while he was living in Bahrain, Jackson asked the sheikh for help with legal fees, a subsidized lifestyle during a stay in the prince's home, a Rolls Royce, and $300,000 for a brain guru.
Michael's lawyer tried to argue that it was all just a "gift."
Jackson was scheduled to fly out to London on Friday to appear in court, and had been trying to hide behind a sick note until he finally agreed to travel.
[Image via Mavrix Online.]