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ninemsn said:Britney Spears is close to signing a '$12-15 million deal' to join the US 'X Factor'.
The 'Hold It Against Me' hitmaker is wanted by show boss Simon Cowell to replace Nicole Scherzinger and Paula Abdul on the panel of the musical TV series, but negotiations are currently sticking about how many seasons she would have to work on.
A source told HollywoodLife.com: 'Money is not an issue for the show. As of now, they are looking to pay her $12-15 million for the first season, with a drastic price hike for a second year based on ratings performance.
'Simon Cowell wants at least a two-year commitment and Britney wants an out clause if she doesn't want to continue after one year of service.'
Both Simon and fellow judge L.A. Reid are staying in their judging seats for the show, which experienced lower than expected ratings after it was unveiled for the first time in the US last year.
The money being thrown around for these reality music shows is insane, Jennifer Lopez at American Idol and Christina at The Voice apparently make a similar amount. Would get them ratings though which is all that matters in the end. Britney would be crazy not to sign this deal, it would be an easy way to earn money for someone like her and she could still release an album at the same time and it would get a sales boost thanks to her being on this show.