Simon Cowell - Simon Cowell loses $20,000 bet

Simon Cowell has lost $20,000 in a bet with L.A. Reid.

'The X Factor' USA mentors reportedly placed the wager at the beginning of the second series - which came to an end on Thursday (20.12.12) - that one of their act's would be crowned the winner, which would see the victorious judge win $20,000.

A source told gossip website TMZ.com that the 53-year-old British judge lost the bet when L.A.'s act Tate Stevens - who was in the over 25s category - received the highest number of public votes and announced the champion.

But the insider insisted that Simon hasn't displayed any signs of being a sore loser and plans to send his rival - who recently announced he would not return to the reality series next year after two seasons on the judging panel - a cheque as soon as possible.

Simon Cowell recently insisted L.A. is already regretting quitting the show to concentrate on his job as chairman of Epic Records.

However, the 56-year-old record producer - who is joined on the panel by Simon, Britney Spears and Demi Lovato - knew he would only make a short-term commitment to the series, but will continue to work with the 'X Factor' boss on other projects.

He explained: ''I came into this knowing that it wasn't gonna become my life.

''Simon and I are really good friends, and he knew at some point I needed to get back to work.''


Contactmusic

Tags: Simon Cowell - Tate Stevens

Advertisement

More Simon Cowell

Simon Cowell Claims US X Factor "Will Come Back Again" Despite Cancelation

Simon Cowell is undoubtedly a huge success and has transformed the music industry forever, but despite having a near-flawless career in several television and music...

Simon Cowell Reckons One Direction's Success Won't Be Repeated

As Britain’s premier pop music mogul, Simon Cowell isn’t one to mince his words. Ahead of the first live shows of the current eleventh series...

Despite Cowell's Return, 'Strictly' Topples X-Factor in Sunday Ratings

It is a battle that could have perhaps been avoided had either the BBC or ITV backed down and rescheduled, but Strictly Come Dancing and...

Leona Lewis Writes Open Letter To Fans Discussing Reasons Behind Her Exit From Simon Cowell’s Syco Label

Leona Lewis has posted a handwritten, open letter to her fans on Twitter, discussing her feelings of depression and the reasons behind her departure...

Advertisement

GRL Members and Simon Cowell Lead Tributes To Singer Simone Battle

Simone Battle’s G.RL. bandmates have paid tribute to the singer, writing that they will "carry her memory with us in everything we do,” on the...

Simon Cowell Reveals He Wants More Children With Girlfriend Lauren Silverman

Even though Simon Cowell only became a father six months ago, the music mogul has enjoyed parenthood so much he recently admitted to wanting to...

X Factor Judges Star In £1million 'Game Of Thrones Promo'

The latest series of the X Factor looks set to be the most epic one yet - if the first promo is anything to go...

Cheryl Cole Doesn't Hold A Grudge Against Simon Cowell Or Ashley Cole

In a recent interview with Elle, Cheryl Cole discussed her relationship with Simon Cowell, her sacking from The X Factor US in 2011 and her...

Advertisement

Comments

Simon Cowell Newsletter

Subscribe to this news alert service to receive news and reviews on Simon Cowell

Unsubscribe | Unsubscribe All