“American Idol” has its sights set on judge #2 for the reboot. We think it may be Lionel Richie, the man himself.

We don’t know if the American Idol folks have formally reached out to Richie.

The question … how much can producers afford to pay Richie, or for that matter any judge who fills the vacant seats? They paid a queen’s ransom to Katy Perry $25 million¬† which essentially blew their intended judge’s budget.

Ryan Seacrest is about to sign a deal to host the new version for somewhere between $10M and $15M.

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