Author: Anna Quintana / Source: Life & Style

The next American Idol is just one day from being announced — and it’s down to Caleb Lee Hutchinson, Gabby Barrett, and Maddie Poppe. But what does the winner of the reality singing competition get? While we know their name will go down in history, they will also be walking away with a huge crash prize.
According to Bustle, along with a record deal with Hollywood Records and a (hopefully) hit single, the winner will also be awarded $250,000 cash. This is not as much as past seasons of the show. In 2009, winner Kris Allen earned $650,000 from the show. Either way, it’s still a lot more than the usual $100,000 to $150,000 advance most new artists are given. However, there are some strings attached.
American Idol contracts can potentially bind the winner to American Idol for up to seven years — twice as much as a standard contract per The New York Times. Before the reboot, producers issued a statement about the contracts, explaining, “With American Idol, we have deliberately structured these agreements to ensure that artists can cross the threshold of success, and that they have all the support necessary to achieve their dreams.”
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