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Britney Spears near finalizing 'X Factor' deal, reports say

Britney Spears arrives at the Pre-Grammy Gala &

Britney Spears arrives at the Pre-Grammy Gala & Salute to Industry Icons with Clive Davis honoring Richard Branson in Beverly Hills, Calif. (Feb. 11, 2012) (Credit: AP )

Britney Spears is close to sealing her "X Factor" judging deal, according to Entertainment Weekly

The pop star's team and show producers have come to an agreement on several key parts of the deal, including Spears' salary, Deadline reported. 

She will make a hefty $15 million out of the judging spot, a sum that surpasses Jennifer Lopez' $12 million "American Idol" payout, E! News reported.  

What's more? Spears' fiance Jason Trawick will be a producer for the show as well, according to E!. 

Rumor has it Simon Cowell personally recruited Spears for the show.

"This girl has resilience. I would think that if she's managed to sustain a family, a career, which is tough, ["X Factor" would be] a walk in the park," Cowell said, according to MTV. "I would be fascinated to hear what she has to say. She's still hot, she's still having hit records and she's still controversial. There's a reason for that."

Mariah Carey and Janet Jackson have also been mentioned as potential judges for the show. Former Judges Paula Abdul and Nicole Scherzinger along with host Steve Jones all left the show in January 2011.  

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