According to a celebrity magazine insider we've been in touch with, Time Inc. paid Beatie $300,000 for People's rights to the exclusive baby pics.

No word on whether he's giving the money to charity, but doesn't Beatie kind of deserve to keep it? Bidding on Angelina Jolie's baby pictures approached $20 million, and even D-listers Nicole Richie and Jamie-Lynn Spears managed to net reported seven-figure deals for photos of their offspring. And not one of those people went to the trouble of changing her gender, retaining her reproductive organs or waddling around as the world's only pregnant man!

In fact, one wonders if Beatie couldn't have gotten a better deal. Sad! But only by the (also sad) metric of fameball skills. Beatie still looks like a very happy Dad, which is rumored to be worth quite a lot in and of itself (pish!).