J.Lo Gets $12 Million for Idol

September 13, 2010 By:
J.Lo Gets $12 Million for Idol

Jennifer Lopez has officially become an American Idol judge--for the hefty price tag of $12 million.

J.Lo has been in negotiations for weeks now, and although she initially asked for $15 million plus a movie deal, she had to settle for just $12 mil as a judge.

An insider said: “She was angling for an overall deal at Fox, including a put picture, to keep her movie career going. But Fox said no."

J.Lo's manager Benny Medina arranged a meeting between her and producers in June and she accepted the judging role in July. She was also allegedly approached by Simon Cowell to be a judge on The X Factor, which will air in the fall of 2011 before committing to American Idol.

A source revealed: “I think it was just positioning. In the end, she didn't turn up her nose up at $12 million.”

Steven Tyler is also joining Lopez on the panel. Should be an interesting season!