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Ryan Seacrest Reportedly Will Sign 'Multi-Million Dollar' American Idol Deal — But It's Not Even The Biggest Money On The Show!

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Good for Ryan Seacrest… better for Katy Perry.

The longtime host who got his own pop culture start on the original version of American Idol is reportedly all set to be back with the show for its second go-round, according to media reports in TMZ.

Related: Oops! Not Great, Ryan…

Seacrest's deal is very, very rich, but it's certainly not as good as what

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Any Chance Of An American Idol Reboot In 2018 Is Now Probably Gone — Here's Why

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So much for this!

If you had been getting your hopes up the last couple months praying for the possibility of a reboot of the classic music competition show American Idol, well, get ready for a letdown…

Photos: The CRAZIEST Idol Moments Of All Time!

Even though NBC and FOX were both working hard to get it back on the air, the tug-of-war between the networks — and the co-owners of the show — have killed all potential deals, according to TMZ.

Apparently, Fremantle and Core — the two production companies that

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MASSIVE X Factor Shake-Up! Steve Jones, Nicole Scherzinger, AND Paula Abdul FIRED!

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Talk about cleaning house!

NO ONE IS SAFE!

Perez for X Factor!!!!!!!!!!!!!!

While it seemed like little to no surprise at all, given their lackluster performances during the first season, that X Factor host Steve Jones and judge Nicole Scherzinger would not be returning for another year, sources close to the reality competition announced the inevitable last night - but shockingly, that also Paula Abdul would be let go along with them!

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