Simon Cowell judging three more years of 'American Idol'

Simoncowell_americanidol_290 There is one year left on Simon Cowell's "American Idol" contract and it looks like he is in the stages of finalizing a two-year extension.

Sources say he'll be going from $36 million a year to $45 million a year, which is not that far off from the rumors he pooh-poohed not too long ago. We reported that he was in the works to make between $100 million and $145 million to stick around for three more years. Well, he's doing two more years (past his already-set contract) at $45 million, which is $90 million. If he signed on for a third year after that at the same rate, he'd be at $135 million, so the $100-$145 million range was pretty close.

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