After days and weeks of rumors abound, it’s official (mostly): The living legend, the sensual seductress, the enchanting mistress Miss Britney Spears is joining Simon Cowell and L.A. Reid on the judge’s panel on X Factor USA!

In an exclusive posted earlier today, E! Online confirmed that The Holy Spearit will earn a cool $15 million (not nearly enough for my Queen, to be honest) to dole out nervous side glances and provide helpful criticism and commentary to contestants like “cool”, “fun” and “Stop looking through the peephole!”

From E! Online:

After weeks of heavy negotiating, Britney’s team has finally agreed to a $15 million fee for the role. “Both camps were back and forth on the money but now they have finally come to agreement on the fee,” says one insider with intimate knowledge of the pending deal. “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.”

And this will be a package deal: coming along for the ride with Britney is fiancé Jason Trawick.

A second source reveals that her soon-to-be husband (who is also petitioning to become her coconservator), will become a producer on the show. “Jason is expected to be there every day Britney is on set. He is her rock and will help guide her through the process. He is the person she trusts the most,” the second source tells us.

This is tremendous news for all of the following reasons:

1.) We will see Britney wearing pretty designer dresses on our televisions every single week.

2.) She will speak.

…because she is contractually obligated to do so. She might even say this. But she’ll probably just say…

3.) We will get to watch her mentor her acts at home in Calabasas.

Imagine, if you will: Britney and her team seated around the living room. Sean Preston and JJ smacking each other senseless with pillows in the background. Vanilla candles burning all around the room. Suddenly, she stands up and takes a seat at her piana. “No. See…you gotta sing it more like this, y’all,” she announces. Slowly, she begins to play the opening chords of “Everytime” and sings along. The contestants cry. The babies cry. Britney cries. You cry. And somewhere in this world, Nicole Scherzinger sheds a single bitter tear.

4.) X Factor provides the perfect launching pad for any of Britney’s upcoming projects.

From Twister Dance, to her own branded line of reality TV-scented fragrances (is that X Factor Fantasy I smell in our very near future?), to an eighth studio album in 2013–the options are endless.

5.) It’s Britney, bitch.