J.Lo's Idol Contract A Done Deal, Gets Huge Payraise!

We know you’ve all been waiting on pins and needles to know for sure if Jennifer Lopez will be returning to American Idol for another fantabulous year of judging. Well, fret no longer lovelies as sources have just confirmed that J.Lo is all set to return and she’ll be making quite a bit of cheddar for her trouble.

Insiders close to the show reveal that Jenny from the Block as another single year contract almost finalized. J.Lo would get paid “a smidge over” $20 million, according to one of the individuals, which is a pretty hefty pay raise from the $12 million she got last year.

We hear everything is set and ready to go. All Jennifer has to do is sign on the dotted line and it’s a done deal.

It’s an awful lot of money, power and privilege to say no to. If you do turn this offer down, you better have a damn good reason … like you want to bestow the position to us! Seriously, guys, we’d be happy with one-fourth of that salary! One-tenth even! You can’t deny we have as much sass!!!!

[Image via WENN.]