Jennifer Lopez Idol Deal Worth $12 Million

Jennifer Lopez has reportedly clinched a $12 million deal to be a judge on “American Idol.” Lopez has been in negotiation with the show bosses about joining the panel following the departures of Simon Cowell, Ellen DeGeneres, and Kara DioGuardi. According to earlier reports, Lopez was asking for $15 million and also demanded for a film and TV show from the companies which produce American Idol – Fox, Fremantle, and 19 Entertainment. But those demands were turned down.

Per CBS News:

“She was angling for an overall deal at Fox, including a put picture, to keep the movie career going. But Fox said ‘no,’” an insider said. However, a source at Fox told TMZ Tuesday that these excessive demands are untrue and were produced by people who resent the show. The source also insisted that negotiations have been “normal” and are now a “done deal.”

UsMagazine cited anonymous insiders as saying that “Idol” contracts are currently being signed by Lopez, fellow newcomer Steven Tyler and Idol veteran judge Randy Jackson. Fox is said to have delayed the official announcement of the new judging panel because J-Lo wanted it to coincide with the release of her first single. Lopez recently signed on with record label Island Def Jam and is working on her first album with them called “Love?” According to Us, an official announcement is expected in early October, before auditions begin for the tenth season.

Thoughts?

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