Ryan Seacrest just keeps getting richer. Seacrest is finalizing his contract extension on American Idol, which will continue his hosting gig plus give him other development opportunities.

Sources are saying the contract keeps Ryan Seacrest as the Idol host for three years, and will make him one of the highest paid reality hosts on TV. His current pay scale was $100,000 per episode during the past season.

Ryan Seacrest is also likely to develop a series with Idol creator Simon Fuller under the new contract.