March 11, 2012

Britney Spears Rejects $10 Million Offer from 'X Factor' (3 PICS)

Star power: It is being reported that Britney Spears camp has turned down an offer of $10 million for her to host or judge on The X Factor USA 

Singer Britney Spears was offered a hefty $10 million contract to serve as a mentor on the upcoming season of X Factor but she turned it down instead. Is she holding out for more money or is she simply not interested in taking the position at all?

According to a report from Celebuzz, it is reported that Britney and her reps have made a counter offer of a cool $20 million instead. If that doesn't pan out she's planning to look into doing a singing residency in Las Vegas instead.

Will X Factor really be desperate enough to pay out $20 million to have Britney on their show as a mentor? Paula Abdul only earned $2.5 million during the last X Factor season in her capacity as a judge.

This season's première is fast approaching. Presently set for May 14th, this turn of events could find producers doing a mad dash to find a different mentor who would step in if they decide not to pay Britney Spears what she has counter offered. They are already scrambling around for a new judge to join the panel that thus far includes Simon Cowell and L.A. Reid.

Do you think Britney Spears is actually worth $20 million if she takes the job as a mentor on X Factor? Does that sound like a really ridiculous amount of money to you?

Do you have any suggestions for whom else X Factor should try to lure as a mentor instead? Who might fill the spot at the judge's table?

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