In the latest installment of the American Idol rumor mill, iconic pop star, Katy Perry, is said to be in deep negotiations to join the show's reboot as a judge.

TMZ is reporting that not only is Perry in the running to secure a seat at the judges table, but that the deal is wrapping up with an announcement planned for this week. Perry was reportedly asked to join after the deal with Kelly Clarkson fell through and she joined The Voice. TMZ also goes on to say that Ryan Seacrest is very likely to be the host. Regarding the other two judges, ABC hasn't yet settled on who they would like to bring aboard.

Perry recently announced her new album title, Witness, and has shared that she will hitting the road to tour during the fall. Her joining the American Idol reboot would make her the first big name celebrity to join the panel.

An interesting point that TMZ makes in their report is that Idol producers are not looking for the judges seats to be filled by big name artists aside for Perry. As the reboot is hoping to focus more effort to the competition over the judges, this decision highlights a contrast on the divide that has separated how contestants have been handled by Idol and The Voice over the years. The Voice has become infamous for being unable to produce superstars on the level of Carrie Underwood and Adam Lambert, which many fans have credited to the show's lack of support for the contestants after the seasons have wrapped up.

So what do you think about Katy Perry being an American Idol judge? Who would you like to see sitting at the judges table? Let us know in the comments below.