Dermot O'Leary told to 'name his price' as he returns to X Factor on three year deal

Just one year after being given the boot

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If the latest rumours and reports are anything to go by, X Factor's having a bigger shake up than a maraca (sorry, we'll think of a better metaphor later) after Dermot O'Leary is told to 'name his price' in a bid to get him to sign a three year deal. AGH.

Seeing as Nick Grimshaw decided to leave his role as mentor and Caroline Flack and Olly Murs were given the boot quit the show earlier this week, shedloads of jobs are going spare over in the world of X Factor.

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And it looks like Dermot O'Leary might just be ready to hand in his CV and fill the presenting role, after insiders told The Sun he was being offered a 'money no object' type contract.

A source commented: "Dermot will come back to The X Factor. Talks are under way on his deal but everything is positive. Everyone, including Dermot and Simon, has the will to make it work.

"Producers have realised you can't take any risks with the presenter of the show. You need someone really good who can cope with live TV. It is a massive skill and there are not many people who have it.

"There is even talk Dermot could be offered the presenting job for the rest of the show's life when a new deal is signed with ITV. Bosses are looking at a two or three-year contract with him. Discussions are ongoing about the new series, details will be announced in due course."

It's thought Dermot was previously paid £1million per series, so it sounds like it's a good day to be him, basically. 

Whaddaya reckon, though? Should he return to X Factor or what? Let's discuss over on our twitter, yo.

BUT LOOK AT THESE FIRST:

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