Rumor has it that Britney Spears is planning on opening her own dance studio in Los Angeles.

Spears is considering buying out the studio next to Millennium Dance Complex, which is where she often practices.

There's no confirmation from Britney's camp about the sale yet, but if she does purchase the studio, she's reportedly planning on calling it 'The Basement.'

Hey its better than spending all her money on hotel rooms at the Four Seasons!