Simon Cowell may get $50 million per season to continue judging American Idol under a new two-year contract being negotiated with Fox, according to the Hollywood Reporter. Cowell may also bring his British show The X Factor with him in exchange for another potential $50 million per season. Now, the rumor sweeping through Hollywood is that Cowell may cast buddy Paula Abdul as one of the show's four judges. Open your checkbook Fox! (Photo: WENN)

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