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Britney Spears Reportedly Ready To Sign $15 Million 'X Factor' Deal

April 11th, 2012 10:22pm EDT

Britney Spears Britney Spears is close to finalizing a $15 million deal to serve as the new superstar judge on Simon Cowell's talent show The X Factor, according to online reports.

The "Toxic" hitmaker has been rumored to be in talks to take a seat alongside Cowell and producer Antonio "L.A." Reid on the panel for weeks and now insiders claim the big announcement is imminent.

Spears is said to be ready to sign on the dotted line after being offered a $15 million payday - after she reportedly turned down $10 million.

A source tells E! Online, "Both camps were back and forth on the money but now they have finally come to agreement on the fee.

"That was the big sticking point and now, thankfully, it's been sorted. All they need to do now is work out the smaller points. The fact the money is now set means that there is nothing stopping this from becoming a reality."

Fans had feared the pop star would be too fragile to handle the pressure of the publicity surrounding the show - but reports suggest her fiance, Jason Trawick, will be by her side as a producer.

A source adds, "Jason is expected to be there every day Britney is on set. He is her rock and will help guide her through the process. He is the person she trusts the most."

Spears will sit on the panel alongside Cowell and Antonio 'L.A.' Reid, as well as another female judge.

The two newcomers will replace Paula Abdul and Nicole Scherzinger as judges.

Related: Britney Spears, Simon Cowell, The X Factor, Television, Music, Celebrity, Pop, Reality, TV Networks, FOX, Reality (Talent)

Photo Credits: © Randee Nichols, RCA Music Group

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