Britney Spears is on the cusp of signing on to join Simon Cowell and Antonio 'L.A.' Reid as a judge on The X Factor, according to reports.
A source tells The Hollywood Reporter that Spears' fiance and agent Jason Trawick is negotiating a deal, which could be signed as early as next week (beg12Mar12).
Janet Jackson was also in the running as a potential judge, but reportedly bowed out citing previous commitments.
Cowell and producers of the talent show axed judges Nicole Scherzinger and Paula Abdul and host Steve Jones at the end of the first season of the show and have been looking for replacements since the beginning of the year (12).
Spears' camp has yet to comment on the report and a representative for The X Factor has refused to confirm the news.