The former couple, who began dating in October 2014, was last seen together at the 2015 Billboard Music Awards back in May, reported Ace Showbiz.
"I just felt that he was in it for the wrong reasons," a source said.
Despite being low-key about their relationship, Spears, 33, and Ebersol often documented their romance on social media.
According to a website, the "Pretty Girls" songstress has deleted every single picture of the TV producer from her Instagram while some other photos on Twitter still remain.
However, she did not appear to be taking the break-up too bad as she posted on Instagram on June 21 a photo of her posing alongside a mystery man on a boat. "So nice to be home! Nothing like Louisiana boys," she captioned it.
Spears was previously married to Jason Alexander in 2004 and Kevin Federline from 2004 to 2007.