New Report: Beyonce Not Offered $500 Million For ‘X Factor’ Gig

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Beyonce could have had a huge payday if it were true that Simon Cowell offered Beyonce a $100 million 5 year contract to be a judge on The X Factor, but sources for Extra say its bogus!

“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.

The insider continued, “He wants Beyoncé because that would immediately give him the bounce needed to beat ‘American Idol.'”

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