A big catch indeed!

The singer-actress has been in negotiation with the show bosses about joining the panel following the departures of Simon Cowell, Ellen DeGeneres and Kara DioGuardi.

According to earlier reports, Lopez was asking for $15 million and also demanded for a film and TV programme from the companies which produce American Idol — Fox, Fremantle, and 19 Entertainment. But her demands for a film and TV programmes were turned down.

“She was angling for an overall deal at Fox, including a picture, to keep her movie
career going. But Fox said no,” said a source.   Aerosmith singer Steven Tyler may also join Lopez on the panel.