Rumor has it that Simon Cowell wants Beyonce to be a judge on X-Factor -- in fact he wants her so bad, he has allegedly offered her $500 million to do it. According to Mediatakeout.com, an insider said that Simon desperately wants to revive the show and thinks that adding the superstar would do it.

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

The source said that Simon offered Bey $500 million or $100 million per year for five seasons. A source in Beyonce's camp would not reveal whether or not if Beyonce is interested, but told the site to expect for the superstar to announce a major career move in the next month.

According to E! News, this story is false. The site said that Simon may be trying to get Beyonce as a judge, but it is not likely that he would be willing to pay $500 million to get the superstar.

BEYONCE HAS SIX NANNIES FOR BLUE IVY?

In other news, reports say that Beyonce has hired six nannies for her new baby Blue Ivy. According to In Touch, the superstar has two nannies on call 24-7 -- each which makes for a total of six nannies. A source said, "Beyonce wanted to make sure that her daughter has the best of care . . . her diaper is changed almost every hour."

The source also revealed a gift that Jay-Z brought for their baby girl. The source said, "Jay Z bought Blue diamond earrings and a platinum baby bracelet . . . even her bottle has pink sapphires on it."