K-Fed cancels b-day bash for family time, sort of

Kevin Federline was planning on partying tonight. The second-hand celebrity had Hollywood's Eleven nightclub all lined up -- but today, word on the street is that the party has been canceled.

So what gives?

A rep for K-Fed told the NY Post's Page 6 that Federline canceled the event because he "is just focusing on his family right now." But don't worry -- Saturday's bash at the Pure nightclub in Las Vegas is still happening. Phew.

However, rumor has it that the real reason the party got nixed is because, for the past month, Eleven had been trying to find a weekly magazine to sponsor the event -- and couldn't. After all their attempts to find a major sponsor failed, the smaller sponsors backed out, and the club, not Federline, pulled the plug.

Sounds less like "family time," and more like now that Britney is out of rehab, no one cares about Kevin anymore. Bummer.