Supermodel extraordinary Gisele Bundchen is taking off her Victoria’s Secret panties after after the two parties were unable to agree on a new contract.

Backseat Cuddler states that VS was unwilling to raise her $5 million dollar per year salary.  Not a bad day for skimping around in your panties.

Need more Gisele? Then check out this plethora of Giseledom photos.