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!