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Simon Cowell has reportedly been offered £88 million to appear on the next series of American Idol.
The deal is four times the £22 million he currently receives for the show and it follows fears from US network Fox that he may quit when his current contract ends next May.
American Idol, which has just finished its eighth season, regularly attracts audiences of up to 25 million in the US.
The news comes days after it was reported that The X Factor judge is setting up a new media company with Top Shop boss Sir Philip Green. The business would see Cowell take full ownership of all of his work, as opposed to just performance fees for appearing on shows such as American Idol and Britain's Got Talent.
A source told the Guardian: "He is past the old-style music deal, where you take a cut as a performer. This is about properly owning himself, Brand Cowell, everything he does, new formats, and new programmes, not just the ones starring him."
Cowell's mammoth pay increase comes at a time when other UK-based stars are facing massive cuts to their salaries. Bruce Forsyth is said to be taking a £160,000 pay cut to present the new series of Strictly Come Dancing, while the presenters on GMTV are facing cuts of up to 25 percent.
Amazingly, if Simon Cowell accepts the offer it won't actually make him the highest paid star on TV. That title belongs to Oprah Winfrey who rakes in an incredible £136 million each year.
Do you think Simon Cowell is worth £88 million? Are TV presenters overpaid or do they represent value for money? Let us know what you think...
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Excellent if the americans have money to throw away on this tosh Simon is the one to take of advantage of it for sure !
Posted by: s.waddington719 on Wed Jul 01 01:53PM | Report abuseHe's just another twat looking for attention like all the other TV addicted twats. Because he has more money doesn't make him less of a twat.
Posted by: drwho88888 on Wed Jul 01 01:54PM | Report abuseWell worth it
Posted by: kimsaunderstrawden on Wed Jul 01 01:54PM | Report abuseAbsurd. No one is worth that. Awful man.
Posted by: barwid02 on Wed Jul 01 01:54PM | Report abusedoes he live in the real world i could never dream of that sort of money
Posted by: sioux1ok on Wed Jul 01 01:54PM | Report abuseIf Simon wishes to go i can replace him.
Posted by: actorjorgeduarte on Wed Jul 01 01:55PM | Report abuseYea, they deserve every cent they earn. Simon Cowel is my HERO. He is such a legend. He is a demi-god. I wish I was like him. bla bla bla bla bla.......................
Posted by: gdetroch on Wed Jul 01 01:55PM | Report abuseno
Posted by: jon_welti on Wed Jul 01 01:55PM | Report abuseTotally over paid and with no reason for it - the majority of TV presenting jobs could be done well by Joe public
Posted by: steveoconnel on Wed Jul 01 01:55PM | Report abuseI think this is a great deal for the tv viewers. After all Cowall has really identified what the mentality of the average viewer deserves.
Posted by: jennifermoody on Wed Jul 01 01:55PM | Report abuse