E! News first broke the story Wednesday that the 31-year-old pop superstar has signed a contract with X Factor. "There's been a lot of back and forth over the past few weeks as they negotiated the small details, but she's on," a source told E! News. "It's all completed and Britney is beyond excited."
On April 11, a source close to the negotiations told Us the "Till the World Ends" singer will get $16 million for doing the show. "No paperwork has actually been signed yet," the source explained at the time. "But they finally came to terms. It was a long negotiation . . . Britney was a natural fit."
An insider now tells E! News, "She can't wait to sit down next to Simon at the judges' table and give this everything she's got. She is excited about showing the world that she can do this, and do this well."