FOX is still parroting the “no comment” line, but insiders say Steven Tyler has already signed his name on the American Idol contract. According to one source, Tyler inked the deal last week. It’ll be fun to see whether he ties scarves around his desk mic, too. Now, the big question: who will join the Aerosmith front man at the judging table?

Rumor has it that Jennifer Lopez, who was named early as a possible new face on the panel, is asking for a $20 million salary on top of her own styling team and a large dressing room area (which is being referred to as a “compound”). Even despite all this, sources say that J-Lo still isn’t out of the running…though she’s not the only celeb FOX is currently speaking to about the American Idol gig.

(Make sure to check out our other American Idol 10 posts.)