Beyoncé reportedly offered $500 million to become 'X-Factor' host

Allegedly, Simon Cowell has been courting pop diva Beyoncé and the if the figures are to believed he's offering the GDP of a small country to get her...

Luther Vandross was outed as gay after his death.

Ever since the producers of The X-Factor decided to shake up its judges panel, giving both Nicole Scherzinger and (reportedly) Paula Abdul the boot, rumors have been swirling about who could replace them. Allegedly, Simon Cowell has been courting pop diva BeyoncĂ© and the if the figures are to believed he’s offering the GDP of a small country to get her. Huffington Post reports:

If your coffers are as well-stacked as Simon Cowell’s, you might as well reach for the stars. Rumor has it that the ‘X Factor’ proprietor has offered Beyonce an astounding $500 million to join the show as a judge.

Nothing is confirmed and the number feels too high to be believed, but MediaTakeout claims their source is well-placed within Cowell’s camp. For his part, reality TV’s Grinch-in-chief is said to be desperate to breathe new fire into the show.

As soon as news of this week’s ‘Factor’ shakeup broke, the Twitterverse exploded in a smattering of rumors. Over the past few days, Beyonce, Perez Hilton and Mariah Carey have risen to the top of the rumor crop.

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