Jennifer Lopez Secures $20M+ Deal For American Idol Return!

Jennifer Lopez’s co-hosting gig with American Idol proved to be so mutually beneficial that the pop star will be returning to the singing competition with new contract with the Fox Broadcasting Network, that’s “a smidge over” $20 million!

Industry insiders say the deal is all written, and is just awaiting signatures.

This is a huge raise from the $12 million she previously earned as an American Idol co-host for ONE season.

Added to Lopez’s busy schedule, are three major movie productions to be released next year, “Ice Age: Continental Drift“, “What to Expect When You’re Expecting“ and “Parker.”

Jennifer also plans to continue with the talent-search series “Q’Viva!” The series will feature Lopez and her now-estranged husband Marc Anthony scouring Latin America for the hottest vocal talent in the region. The series is co-created and co-executive-produced by Lopez, Anthony, “American Idol” producer Simon Fuller and Jamie King.

Damn! Does a woman really need love when she has all that money?

Plus, it’s going to be interesting to see the on screen physical chemistry (or lack thereof) bewteen Jen and Marc on Q’Viva!