Jennifer Lopez on Verge of 'American Idol' Deal

After some major back and forth about whether or not Jennifer Lopez was really in the running to become the newest judge on American Idol, it looks like our favorite chica from the block is on the brink of inking a deal.

A source told TMZ that reports of the diva's overwhelming demands were false, insisting "It's been typical negotiating."

Jenny could join the tenth season of television's highest rated show alongside Aerosmith frontman Steven Tyler, who is rumored to have signed a contract already. Lopez and Tyler are being courted to replace the snarky Simon Cowell, who is leaving to be a judge on the American version of his hit U.K. talent show The X Factor, which will start airing stateside in the fall of 2011, and Ellen DeGeneres, who stepped down from her judging duties on American Idol, saying the show "didn't feel like the right fit."  

Fox execs have been looking for a way to shake the show up, and we have to say, hiring Jennifer Lopez will definitely get us to watch!