By Jen Heger - Breaking Celebrity News Assistant Managing Editor

Britney Spears has officially signed the contract to become a judge on Simon Cowell's X Factor, Breaking Celebrity News has confirmed.

As Breaking Celebrity News first reported the judge handling Spears' consvervatorship met with the singer to discuss her accepting a job with X Factor almost two weeks ago. Brit's conservators needed to get approval from the court for her to join the hit talent show.

The pop music icon will be paid $15 million dollars a year, according to E! News, which broke the story. "That was the big sticking point and now, thankfully, it's been sorted. All they need to do now is work out the smaller points. The fact the money is now set, means that there is nothing stopping this from becoming a reality," the website says.

"Britney's conservators will be formally signing the contract by the end of this week at the latest," a source tells Breaking Celebrity News. "Britney can't legally sign any documents because she is under the conservatorship. She is thrilled to be joining the show and is very, very excited. Britney has always been extremely supportive of artists trying to make it into the business and it's a natural fit for her. Britney will be traveling to the out of state auditions and the schedule will be worked out so she won't miss any custodial time with her sons. The boys will have their own playroom on