Lindsay Lohan & James Franco Posing Nude For $3.5 Million?

Lindsay Lohan has signed a $3.4 million deal to pose nude for a book by famed – or infamous – photographer Terry Richardson. The actress is struggling to find work after her rehab stint and now the impending trial over the alleged theft of a $2,500 necklace.

Apparently Richardson has convinced her star in the book – next to former love interest James Franco – and will feature full frontal nudity and graphic shots as well.

An insider told the Daily Mirror newspaper, “Obviously there will be comparisons to Madonna’s 1992 ‘Sex’ book. But James and Lindsay believe theirs will be classier.” Oh dear…if the gallery of previous work that Richardson and Lohan have done together is any indication, I’m sure ‘classy’ is not really an adjective that we’ll use.

Lohan is scheduled to appear on Letterman in April to discuss her new outlook on life, but we’ll see.