Word on the street is Simon Cowell is offering Beyonce $100 million a year to judge X Factor!!

One year could pay for Blue Ivy's college tuition (not that she and Jay-Z didn't already have that money anyways)!!

According to sources close:

He wants a big-name female star on the panel. Mariah Carey is good, but she's not that hot today. He wants Beyonce because that would immediately give him the bounce needed to beat American Idol.

We like this idea!! We don't know if she's gonna accept the offer, but Beyonce would be ah-mazing for ratings!!

...but don't forget about Perez!! The show needs some extra sass!!

[Image via PNP/WENN.]

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