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Britney Spears Is Close To Signing $12-15 Million Deal To Be On 'The X Factor'

Mon, March 12, 2012 2:38pm EDT by 4 Comments
Britney Spears X Factor

Contrary to reports Britney Spears turned down Fox’s offer to be on ‘The X Factor,’ we have an excellent source who tells us she’s actually very close to becoming a judge and the money is somewhere between $12-15 million! Do YOU want to see her on the singing show?

We said goodbye to Paula Abdul and Nicole Scherzinger, but now it’s sounding more and more like we’ll be seeing the incomparable Britney Spears on FOX’s hit singing competition show, The X Factor! spoke with a source internally on the show, who told us producers are getting close to signing a deal with the 30-year-old pop icon.

“Money is not an issue for the show,” our source said. “As of now, they are looking to pay her $12-15 million for the first season, with a drastic price hike for a second year based on ratings performance.”

Added, the insider, ” [Executive producer] Simon Cowell wants at least a two-year commitment and Britney wants an out clause if she doesn’t want to continue after one year of service.”

We think Britney would make a fantastic addition to the judging panel. She has become a pop legend and has a ton of experience as a singer and a dancer.Additionally, The X Factor would be a jump start for Britney’s career too. She’d be exposed to a new generation who doesn’t remember her controversial and erotic videos she made as a teen.

Essentially, Britney being on the show would be a double win — and we’re sure ratings would go through the roof. What do you think? Are you dying to see Brit on the small screen?

Reporting by Russ Weakland

More X Factor News:

  1. Simon Cowell Wants Showdown Of Winners From ‘X-Factor,’ ‘American Idol’ & ‘The Voice’
  2. Janet Jackson Headed to ‘X Factor’?
  3. Simon Cowell: I Was Forced To Fire Paula Abdul From ‘X Factor’