Since 2002 Ryan Seacrest has been one of the constant faces of American Idol and he's apparently staying put for the next two years. The Hollywood Reporter claims that Seacrest will be earning a $15 million paycheck each year to host the show too.

Ryan released a statement after the announcement that he'd be staying with the show,

For the last 11 seasons, I've had the privilege to be a part of one of television's most iconic shows. It's been a wild ride, and I'm excited for my journey with American Idol to continue. The legions of fans, amazingly talented contestants, judges, and producers, along with the hard working Idol crew, impress me every time we go on air and make hosting the show a dream job."

In addition to hosting American Idol for the next 2 years, Seacrest will continue his morning radio show in Los Angeles, host E! News, serve as a correspondent for this summer's Olympic coverage, appear on the Today Show from time to time along with overseeing his RSP (Ryan Seacrest Productions) ventures.