Just days after it was reported that Ryan Seacrest was renegotiating his "American Idol" contract comes news that the host will be back -- and for a lot of dough.

On Monday, it was announced that Seacrest, under a three-year contract with CKX, parent of "Idol" production company 19 Entertainment, will be making $15 million a year. According to the Hollywood Reporter, the deal, which triples his current salary, had been in the works for several weeks.

Seacrest's new deal dwarfs the $5 million-a-season salary the 34-year-old currently earns. It also keeps him on Idol through 2012 and makes him the highest-paid reality host--ever.