Ryan Seacrest will sign a rich deal to host the new version of “American Idol,” but it’s not nearly as rich as the one Katy Perry signed.
Our ABC sources tell TMZ … the deal is expected to be signed this weekend. The sources say the network offered $10 mil, Seacrest wanted $15 mil and they compromised somewhere in between … but closer to $10M than $15M.
TMZ broke the story … Katy Perry snagged $25 million to appear as a judge on the show.
We’re told the network and Fremantle — which produces the show — have not picked the other 2 judges, but whoever it is they’ll be relatively cheap … because they have to be.