Sean Diddy Combs wants to be the newest judge on American Idol - so much so that he’s offered to take a pay cut.

Combs has stated that he’ll work for less than what the show formerly paid Simon Cowell, who will no longer be a judge on the popular reality series.

“As a matter of fact I have a new negotiation,” Sean Combs told British TV station GMTV. “I would take a five percent cut on what [Simon Cowell] was getting. He was on something like $34 million, and that’s peanuts.”

But we bet it pays better than VH1, right Diddy?