Katy Perry For Steve Madden???

Steve Madden is really churning out the collaboration rumors.

Katy Perry has been offered $1 million to create a shoe line with the professional copycat.

But don’t get too excited. Katy’s rep was quick to deny the rumor saying “Katy is working on her next album, not a shoe line.”

And there you have it.

If Katy does come out with a shoe line at some point, we think they’d be fun and fab!

[Image via Adriana M. Barraza/WENN.]