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HOME > American Idol > American Idol 9 Simon Cowell: New $144 million 'Idol' deal report 'absolute nonsense'
By Christopher Rocchio, 07/13/2009
Simon Cowell knows he deserves big bucks, but he has denied recent reports that he has signed a $144 million deal to continue serving as an American Idol judge.
The November 2005 five-season agreement Cowell signed with Fox expires after Idol's ninth season next spring, and last month The Financial Times reported that he had been in talks with Fox and Idol's 19 Entertainment production company to renew his contract in a deal that would be "likely to surpass even Oprah Winfrey's estimated earnings."
The deal was reportedly worth "between $100 million and $144 million per year," the U.K.'s The Guardian newspaper subsequently reported, according to The New York Post. Despite denying the deal, Cowell did confirm that contract negotiations to return to Idol are ongoing. "There hasn't been a deal done," he told Seymour. "We're talking to Fox. We have a very good relationship with them. As to what we're going to do ongoing over a number of different bits and pieces... we'll see... we are having conversations." Ryan Seacrest recently inked a new $45 million, three-year deal with Idol producer 19 Entertainment's CKX parent company to continue helming the Fox mega-hit. (Photo credit Fox) DISCUSS AND COMMENT ON THIS STORY Reality TV World has launched a trial program offering Facebook Comments on our stories to provide an enhanced user experience to our readers. To post a comment, log into Facebook and then 'Add' your comment. To report spam or abuse, click the 'X' in the upper right corner of the comment box.Get more Reality TV World! Follow us on Twitter, friend us on Facebook or subscribe to our RSS feed. |
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