Beyonce has reportedly been offered a huge amount of money to take a place on The X Factor USA judging panel.

Simon Cowell mixed things up earlier this week when he axed both Nicole Scherzinger and Paula Abdul from the show, leaving two judges slots needing to be filled. It is reported today that Cowell is desperate to have an A-List name join the show and bosst flagging ratings.

According to Media Takeout, that star could be Beyonce with a $100m a year deal over five years on the table for the 'Countdown' star if she wants it.

"He wants a big name female star on the panel. Mariah (Carey) is good, but she's not that hot today," the source said. Adding: "He wants Beyoncé because that would immediately give him the bounce needed to beat American Idol."

Check out who we suggested as new judges for X Factor USA here.