Simon Cowell Lost $20,000 Bet to L.A. Reid Over X Factor Result
Posted by Jeremy Thomas on 12.21.2012
Simon has to pay up...
Simon Cowell owes L.A. Reid $20,000 after losing a bet made in regard to The X Factor. TMZ reports that Cowell made the bet with Reid at the beginning of the season; it stipulated that if either had a contestant that won, the losing judge would pay the tewnty grand.
Tate Stevens, who won, was Reid's contestant. Simon is not a sore loser about it and is planning on paying up ASAP.