E! Online is reporting that Britney Spears and Simon Cowell have finally agreed on a $15 million payday for her to join “The X Factor” as a judge. The two camps have reportedly been negotiating for weeks, and this fee was the bone of contention.
“Both camps were back and forth on the money but now they have finally come to agreement on the fee,” said E! Online’s insider, who has “intimate knowledge” of the deal. “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.”
There are also rumblings of Spears’ fiance Jason Trawick signing on as the show’s producer. “The X Factor” must still sign one more judge and two hosts. Spears is slated to report to work in mid-May to prepare for the show’s debut in September.