Jessica Simpson, 'X Factor' judge? Could be.The singer and reality star told Women's Wear Daily she has been approached to do Simon Cowell's new singing competition.

"They have definitely talked to me about 'X Factor,'" Simpson said. "I think it would be a lot of fun. It's definitely my life. To be a mentor for up-and-coming artists is right up my alley. I would have loved to have a mentor. I love watching people's dreams come true."

Earlier this March rumors about Simpson's involvement began to take flight.

L.A. Reid is the only confirmed judge on Fox's upcoming reality series.

"L.A. was my number one choice to sit alongside me on the show," Cowell said in a statement. "In my opinion, he is one of the greatest-ever music executives and, of course, a fantastic writer and producer. I am thrilled he has agreed to join the show, and for any artist auditioning, they know they have the chance to meet a true star-maker."