It was announced this morning on "Live With Kelly & Ryan", that Ryan Seacrest will be returning as the host of the "American Idol" reboot.

FOX's Jacquelyn Karl reports:

It's official! Ryan Seacrest's returning as host of 'American Idol' after three months of negotiations, Seacrest used his show "Live With Kelly & Ryan" to announce the news this morning.

So far, Katy Perry is the only confirmed judge on the ABC reboot expected to air spring of 2018.

Seacrest also revealing eliminated contestants will appear on "Live" after being voted off "Idol".

It's reported Seacrest will be making north of $10 million.

Jacquelyn Karl, FOX News.

Follow Jacquelyn Karl on Twitter: @Jacquelyn_Karl