Simon Cowell is finishing up getting his new contract for American Idol squared up with Fox.  It looks like Simon will be making around $45 million a year.  That will be $9 million MORE than he has been getting for previous seasons.  This will be a 2 year contract to take him through 2012.

On top of all that dough, Simon could see a lot more green if he comes to an agreement to bring an American version of The X Factor to The States.  This would end up more than doubling Cowell’s salary!  Eeek! He is almost finished with his last season as judge on the UL version of X Factor.  So, he would be free to judge here and there is even a rumor that Paula Abdul would be on the judge panel with Cheryl Cole and Louis Walsh! Wow, that could be a big comeback for Paula!

I hope this happens!  I would love to have X Factor here!  What do you think?  Love it or hate it?

[images by WENN.com]

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