After Simon Cowell axed Paula Abdul and Nicole Scherzinger, there are two seats that he is set to fill.

The X Factor US second season is set to be on air later this year.

Right now, the judge/producer is said to be offering Beyonce $100 million per year so that Beyonce will be a judge for the said show.

MediaTakeout is the one who revealed this very good offer. The close source is also the one who told the site about Jennifer Lopez’s negotiation in American Idol.

It will be a good deal for Beyonce, but she just gave birth to her daughter named Blue Ivy.

Her bestfriend, and former Destiny’s Child groupmate, Kelly Rowland is one of the judges in X Factor UK last year.

The website MediaTakeout also added that Simon wanted Beyonce so that the show can get higher ratings compared last year.

The show had average ratings but it did not satisfy Simon enough.

The insider said,” Simon wanted a big name female star on the panel.”

“Mariah Carey is good, but she is not that hot today. He wants Beyonce because that would immediately give him the bounce needed to beat American Idol.

News are out that if Beyonce will accept the offer, she and her rapper mogul husband, Jay Z will be worth $1 billion.

Beyonce’s representative did not make any further comments but it fans should expect a big announcement from the star.

Meanwhile, Simon’s representative denied this reports.

The remaining judge is LA Reid who is the only judge that was not axed by Simon.