After months of rumors and speculation, "American Idol" is reportedly close to choosing two new judges for Season 12: Nicki Minaj and Keith Urban.

According to The Hollywood Reporter, Minaj will receive $8 million to join "Idol" with additional allowances for wardrobe, hair and makeup.

Meanwhile, Urban has allegedly agreed to take a seat a the "Idol" judging panel for somewhere between $3 and $4 million, according to THR's source.

Mariah Carey is the only new official "Idol" judge and is reportedly making $18 million for the gig.

Two seats were left vacant on the panel when Steven Tyler and Jennifer Lopez announced their back-to-back "Idol" departures in July. Reports also surfaced that Randy Jackson -- the only original "American Idol" judge still standing -- will be moving on to a mentor role on the show.

Other rumored judges include Kanye West, Nick Jonas, Pharrell Williams, Alanis Morissette and Sean "Diddy" Combs.

To find out what was reportedly holding Minaj's "Idol" deal up, who dropped out of talks because of money and more scoop, head over to THR.

Loading Slideshow...
  • Nicki Minaj - Beez In The Trap (Explicit) ft. 2 Chainz

    Music video by Nicki Minaj performing Beez In The Trap (Explicit). © 2012 Cash Money Records/Young Money Ent./Universal Rec. Buy It Now! iTunes - bit.ly Amazon - bit.ly

  • Big Sean - Dance (A$$) Remix ft. Nicki Minaj

    Music video by Big Sean performing Dance (A$$) Remix. ©: Getting Out Our Dreams, Inc./The Island Def Jam Music Group

  • Nicki Minaj - Stupid Hoe (Explicit)

    Nicki Minaj's new album 'Pink Friday: Roman Reloaded' is out now! Buy it here: smarturl.it/Pinkfridayexplicit

  • Nicki Minaj - Moment 4 Life (Clean Version) ft. Drake

    Nicki Minaj's new album 'Pink Friday: Roman Reloaded' is out now! Buy it here: smarturl.it/Pinkfridayexplicit

  • Nicki Minaj - Starships (Explicit)

    Music video by Nicki Minaj performing Starships (Explicit) . © 2012 Cash Money Records/Young Money Ent./Universal Rec. Buy It Now! iTunes - bit.ly Amazon - bit.ly

  • Nicki Minaj - Super Bass

    Minaj's new album 'Pink Friday: Roman Reloaded' is out now! Buy it here: smarturl.it/Pinkfridayexplicit #VEVOCertified on August 18, 2011. www.vevo.com www.youtube.com

  • David Guetta - Turn Me On ft. Nicki Minaj

    Download the hit single "Turn Me On" on iTunes: goo.gl Music video by David Guetta performing Turn Me On featuring Nicki Minaj. (P) 2011 What A Music Ltd, Licence exclusive EMI Music France #VEVOCertified on June 8, 2012. www.youtube.com

  • David Guetta - Where Them Girls At ft. Nicki Minaj, Flo Rida

    Buy David Guetta's hit album "Nothing But the Beat" feat the hit singles "Where Them Girls At" feat Flo Rida + Nicki Minaj, "Without You" feat Usher and the new single "Turn Me On" feat Nicki Minaj: bit.ly Global hit-maker + superstar DJ David Guetta's hot new single "Where Them Girls At" ft. Flo-Rida + Nicki Minaj. "Nothing But The Beat" - Guetta's highly anticipated album - out 29th August 2011. Music video by David Guetta performing Where Them Girls At. Director: Dave Meyers. (C) 2011 What a Music Ltd / EMI Music France, Licence exclusive EMI Music France #VEVOCertified on February 12, 2012. www.vevo.com www.youtube.com

  • will.i.am, Nicki Minaj - Check It Out

    Music video by will.i.am, Nicki Minaj performing Check It Out. (C) 2010 Interscope Records iTunes UK bit.ly - includes a version featuring Cheryl Cole

  • Ludacris - My Chick Bad ft. Nicki Minaj

    Music video by Ludacris performing My Chick Bad. (C) 2010 DTP Records, LLC

  • Nicki Minaj - Your Love

    Minaj's new album 'Pink Friday: Roman Reloaded' is out now! Buy it here: smarturl.it/Pinkfridayexplicit

  • Nicki Minaj - Massive Attack ft. Sean Garrett

    Music video by Nicki Minaj performing Massive Attack. (C) 2010 Cash Money Records Inc.

  • Nicki Minaj - Right By My Side (Explicit) ft. Chris Brown

    Nicki Minaj's new album 'Pink Friday: Roman Reloaded' is out now! Buy it here: smarturl.it/Pinkfridayexplicit

Related on HuffPost: