Jessica Simpson may have just had a bomb dropped on her. Her dad-a-ger Joe Simpson, who helps her run her multi-million dollar fashion empire, has reportedly confessed to the family that he is gay. On top of that, reports indicate that Papa Joe has a 20-year-old boyfriend. Whoa. That's what we call rocking the family foundation to its very core.

A family source told The National Enquirer (quotes via RadarOnline) that Joe, 54 and a former youth pastor and Baptist minister, came out to his family after wife Tina filed for divorce in September, after 34 years of marriage. Perhaps this story has popped up as a result of the marital split.

"Joe got the family together about two months ago and came out of the closet," a Simpson source said. "He told them that he’d tried to continue in his marriage to Tina, but he couldn’t go on any longer and deny the fact that he had these feelings for men. Joe said it wasn’t fair to her, and it wasn’t fair to him."

Whoa. Just whoa. Like whoa.

Tina Simpson filed for divorce on the basis of "discord or conflict of personalities" in Texas on Sept. 24.

Remember when Joe was busted for drunk driving earlier this summer? Reports have now surfaced that someone was with him and that it may have been the boyfriend.

Jessica, who gave birth to first child, daughter Maxwell Drew, in May, must be devastated by this news, provided it's true. If it's not, there may be a big -like huge- lawsuit coming down the pike.

UPDATE: While a rep for the family confirms Tina and Joe have filed for divorce, they insist all other rumors are false: "It is an amicable split and there is no third party involved. Any other related allegations are completely false. The family appreciates your respect for their privacy at this time."

Watch the Jessica Simpson 'With You' Video