Ryan Seacrest has inked a new two-year deal with American Idol.

The host will continue his work on the talent show for two more seasons. For some months now, Seacrest has been trying to broker the new deal with Idol. The committed two-year stint will pay him $15 million annually.

“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,” Seacrest said. “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. I especially appreciate the support and confidence of Peter Rice, Mike Darnell and the entire FOX team – as well as the support of everyone at FremantleMedia North America – and I look forward to continuing our partnership.”

Seacrest has been hosting American Idol since 2002. Idol is now in its 11th season.

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