Jennifer Lopez's $12 Million 'American Idol' Deal

Though Fox execs have denied reports that Jennifer Lopez's diva demands were keeping the pop star/actress from inking a deal to be a judge on American Idol, J.Lo was able to secure no less than 12 million dollars for the new TV gig! She might not be as divalicious as everyone assumes, but she certainly doesn't come cheap.

Source have told Latina.com that La Lopez is set to announce her new job any day now and wanted the buzz to coincide with her the release of her first single with Island Def Jam "Run the World." Lopez—the smart business woman she is—apparently also negotiated a Fox motion picture and TV pilot deal to accompany her $12 million judging gig.

Lopez will be joined by Aerosmith frontman Steven Tyler and longtime Idol judge Randy Jackson. Reportedly, American Idol producers will hold off until early October (right before the premiere of the 10th season) to announce the official roster of new judges.