Beyonce at X Factor: Simon Cowell offers $500M to Beyonce as “The X Factor USA” judge, reports say

By on Feb 4, 2012 in Entertainment, Hollywood, Music, Television, United States Comments

Updated: May 14, 2012 11:15 a.m.

Read Demi Lovato as X Factor judge deal signed, along with Britney Spears to announce at Fox, reports say

Singer Beyonce Knowles is reportedly being offered $500 million by Simon Cowell to join “The X Factor USA” as one of its judges for the next season, two days after Paula Abdul confirmed that she will not be back on the show.

Beyonce and Simon Cowell
Image Credit: FilmMagic and Getty Images

According to on Thursday, February 2, 2012, an extremely reliable insider told them that Simon Cowell is offering Beyonce the said amount to be a judge on The X Factor USA Season 2, which has no official date yet.

“He wants a big name female star on the panel. Mariah [Carey] is good, but she’s not that hot today.” The insider was quoted on the report, with the $500 million offer will be $100 million a year for 5 seasons.

“He wants Beyonce because that would immediately give him the bounce needed to beat American Idol.” The insider added, noting that Cowell believes that the 30-year old singer has the ability to do it.

Beyonce, who gave birth last January 7 to a baby girl named Ivy Blue Carter, is being noted to be the richest entertainer in the world if the offer will push through, whose joint wealth with husband Jay Z landed second on Forbes‘ highest-paid celebrity couples for 2011.

Earlier, Steve Jones tweeted that he will not be host for next season of “The X Factor USA“, which Simon Cowell confirmed later, while Nicole Scherzinger and Paula Abdul will be not its judges anymore.

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