Steven Tyler is out. Jennifer Lopez is out.
And it appears as if Mariah Carey is in.
Deadline reports that the legendary singer is finalizing a deal with American Idol that will pay her $17 million to come on board Season 12 as a new panelist.
Carey had been considered a possibility for The X Factor when Simon Cowell reconfigured those judges for Season 2 and has long been a name atop the wish list of all singing competition.
If accurate, her salary would be a new record for talent on a reality show.
What do you think, American Idol fans? Are you excited for Mariah Carey to serve as a judge?
UPDATE: Fox has confirmed that Mariah Carey will be a new American Idol judge.