Katy Perry is getting an astounding $25 million to become the new American Idol anchor judge according to a new report.
Sources familiar with the negotiation between the 32-year-old pop star and ABC claim she will be receiving that substantial number according to a Monday morning report from TMZ.
Just a day prior was spotted enjoying a bike ride in New York while decked out in Adidas gear.
This all comes after it was announced at the network’s Upfronts by the Disney-owned channel that the Chained To The Rhythm hitmaker would be joining the show.
Pedal to the metal: Katy Perry was spotted on a bike ride in New York on Sunday, a day after it was reported by TMZ that she will be receiving $25 million to judge American Idol
The gossip site’s insiders claim that ABC was ‘desperate’ to sign on a big name before the announcement that the former Fox show would be making a return.
One of TMZ’s sources said: ‘Katy had all the leverage. If ABC ended up announcing the show without a judge, they’d be screwed.’
If that number didn’t already seem staggering enough, the publication’s insiders claim that Jennifer Lopez was making $15 million and Ryan Seacrest was making the same number at his high point when it was on Fox.
Back in black: The 32-year-old pop star seemed to enjoy the ride through the Big Apple
On the same day Katy promoted the upcoming music video for her latest single Witness via a short clip posted on her Instagram.
She could be seen wearing a blush pink chiffon dress as she has a monologue which says: ‘Can you see me? I mean I know you can see me but can you really see me?
My name is Katheryn Hudson. I’m vulnerable and strong. I’m a woman. an artist. I’m Liberated. Goofy. And I’m not always right. I’m Katy Perry and I’m not just one thing.’
Coming soon: On the same day Katy promoted the upcoming music video for her latest single Witness via a short clip posted on her Instagram
Interesting: She begins it by saying: ‘Can you see me? I mean I know you can see me but can you really see me?’
Highly-anticipated: It then goes into her new track as ‘June 9’ flashes across the screen
‘I’m yin & yang’: She also shared this photo of her outfit from the first of her two performances on SNL
Wonder in white: She sported a clinging white sleeveless top tucked into a matching sparkling skirt
It then goes into her new track as ‘June 9’ flashes across the screen.
Last week there was plenty of hullabaloo surrounding the news that the Firework hitmaker had signed on.
‘I am honored and thrilled to be the first judge bringing back the American Idol tradition of making dreams come true for incredible talents with authentic personalities and real stories,’ said Perry in a statement released by the network.
She’s on! Last week she confirmed that she had signed on to join the ABC reality competition show, as she is pictured at Wango Tango in LA last weekend
‘I am honored and thrilled to be the first judge bringing back the American Idol tradition of making dreams come true for incredible talents with authentic personalities and real stories,’ said Perry in a statement released by the network.
‘I’m always listening to new music, and love discovering diamonds in the rough – from mentoring young artists on my label, or highlighting new artists on my tours, I want to bring it back to the music.’
Added ABC Entertainment President Channing Dungey, ‘We are thrilled to be ushering in this new era of American Idol with Katy leading the charge.
The old guard: Randy Jackson, Paula Abdul and Simon Cowell in 2005
‘Her incredible accolades speak for themselves. We are so lucky to have this strong and talented woman help inspire and guide the next crop of artists as they pursue their dreams.’
This comes after it was reported Chris Daughtry may be going back to the show that made him a star.
On Monday UsWeekly claimed the former American Idol contestant will be hired as a judge for the reboot of the competition series.
He’s back? Chris Daughtry may be going back to the show that made him a star. On Monday UsWeekly claimed the former American Idol contestant will be hired as a judge for the reboot of the competition series. Pictured early May
So nine years ago! Daughtry competed on the fifth season of American Idol in 2006, finishing fourth place
Daughtry competed on the fifth season of American Idol in 2006, finishing fourth place. Taylor Hicks was named the winner that season, with Katharine McPhee as the runner-up.
The 37-year-old has sold millions of records since leaving Idol.
Though Clarkson and Underwood are the biggest hits to come off the show, he comes in at number three.
She said no: Kelly Clarkson was asked to join, it’s been claimed, but went to The Voice
UsWeekly added that ABC, the network that is launching the reboot, at first wanted only former contestants to be judges.
They looked at Kelly Clarkson, Carrie Underwood and Jennifer Hudson.
But their wish list was hard to pin down as some of the members, like Clarkson, had other ideas.
She is now slated to work on The Voice.
Ryan Seacrest may come back as host. Seen here on Saturday
ABC announced earlier this month that the singing competition will be returning to TV after airing its final episode on Fox in April 2016.
‘American Idol on ABC … that has a nice ring to it,’ Disney co-chairman Ben Sherwood said in a statement on May 9.
‘Idol is an entertainment icon, and now it will air where it belongs, in ABC’s lineup of addictive fan favorites alongside Dancing with the Stars and The Bachelor. America, get ready for the return of a bigger, bolder and better-than-ever Idol.’
Randy Jackson, Paula Abdul and Simon Cowell were the first judges.
Later came Mariah Carey and Nicki Minaj, among others.
And toward the end it was Keith Urban, Jennifer Lopez and Harry Connick Jr.
The old guard, two: Keith Urban, Jennifer Lopez and Harry Connick Jr in 2014