"Extra" sources reveal that Beyoncé was not offered half a billion dollars to be a new judge on Simon Cowell's "X Factor."
Reports say that the talent show boss reportedly had his eye on the sexy singer and new mom, and was ready to shell out an incredible $100-million per year if she signed a five-year contract with "X Factor," but it just isn't so.
Rumors swirling around the FOX show, which recently axed Paula Abdul, Nicole Scherzinger and host Steve Jones, claimed Cowell was interested in signing Beyoncé and Mariah Carey.
A source from Media Takeout said, "He wants a big name female star on the panel. Mariah [Carey] is good, but she's not that hot today."
The insider continued, "He wants Beyoncé because that would immediately give him the bounce needed to beat 'American Idol.'"
If such a lucrative deal were signed, it would make Beyoncé one of the highest-paid entertainers in the industry -- making the singer and her husband Jay-Z worth well over $1 billion combined.
Besides Cowell, music producer L.A. Reid is the only judge returning to his seat on the panel for the second season of "X Factor."