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Back in May, Diddy expressed interest in replacing Simon Cowell on FOX's "American Idol." He said that, to take the role, he'd want to receive the same pay that Cowell was earning.

He's now willing to compromise a bit. According to Musicrooms.net, Diddy told Britain's GMTV that he'd be willing to take a 5% pay cut. He says Cowell was "on something like $34 million." If that figure is accurate, a 5% pay cut would bring it down to $32.3 million.