According to TMZ, Spears has made a $15 million deal with the show to appear on the judging panel next season. The major terms of the deal are reportedly closed, while “final points” are still being negotiated.
X-Factor executives have so far refused to confirm or deny the report.
Simon Cowell said yesterday that Spears would make a “fascinating” addition to the show.
He added that that he expects to make an announcement regarding Spears within the next week.