According to the latest reports, Beyonce Knowles is wanted for the X Factor and she has apparently been offered a $500 million deal to become a judge on the show. The deal will be $100 million per year, for 5 seasons.
Sources say Simon Cowell wants to make X Factor the hottest show ever, so he’s hoping to impress the singer with this deal. “He wants a big name female star on the panel. Mariah Carey is good, but she’s not that hot today,” an insider said. “He wants Beyonce because that would immediately give him the bounce needed to beat American Idol.”