Katy Perry turns down American Idol and $20 Million Deal

Looks like Katy Perry doesn’t want American Idol to produce her next teenage dream.

Word on the street today is that Katy said no to cool $20 million to join Mariah Carey at the judges table. According to Us Weekly, Katy was offered an $18 million deal to start with and still said no, even once it went to $20 million. “She was being hotly pursued,” a source also told Us Weekly. “They really wanted her.”

Katy had commented over the summer that some contact had been made from the Idol camp but that she wasn’t interested in pursuing an opportunity like that right now.

Do you think that Idol can revover after losing both Steven Tyler and Jennifer Lopez?