The rumors are true! After months of widespread speculation, Ryan Seacrest has confirmed that Nicki Minaj will be a judge on the upcoming season of American Idol alongside Mariah Carey, Keith Urban & Randy Jackson. It was also rumored a deal with Kanye West was in the works, but that looks like a no go.

Early reports claim that Nicki Minaj will receive $8,000,000 for her participation on the panel. You can tune in to FOX this January for the 12th season of American Idol. Watch Nicki Minaj‘s performance of her hit song “Starships” on the last season of American Idol here.