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Britney Spears "X Factor" Rumors Heat Up

Posted Wednesday April 11, 2012 11:15 AM GMT

Looking ahead to her next career move, Britney Spears is rumored to be closing in on a deal to join Simon Cowell on the “X Factor” Season 2 judging panel.

According to a report, the “Toxic” singer began talks over a month ago with Cowell’s people, and over the weekend an agreement was reached.

During his interview on “Live with Kelly,” fellow “X Factor” judge LA Reid teased that he wasn’t sure who would replace departed judges Paula Abdul and Nicole Scherzinger.

“All I know is they’re gonna be two women,” he noted. When asked about Spears specifically, Reid quipped, “I like that idea.”

If all goes as expected, Britney would be receiving a $15 million paycheck for the gig, three million more than Abdul got last season.

Back in February, Simon dropped a hint during his interview with Billy Bush- “I’m fascinated by Britney. The fact that she’s one of the most talked about - not just pop stars but people - in the world today, means that you’ve got this star power. This girl has resilience. I would think that if she’s managed to sustain a family, a career, which is tough, (X Factor would be) a walk in the park. I would be fascinated to hear what she has to say. She’s still hot, she’s still having hit records and she’s still controversial. There’s a reason for that.”

Photo Credit: Getty Images