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A lot of speculation has been swirling over Ryan Seacrest and American Idol — as in, will he or won't he continue to host the show?

OK! NEWS: RYAN SEACREST PAYS TRIBUTE TO DICK CLARK ON AMERICAN IDOL

Rest assured, those rumors can be put to bed for the time being. GossipCop reports Ryan has signed a two-year contract apparently worth $30 million (Yes, you read that right — $30 million!) to stick around on Idol.

OK! NEWS: RYAN SEACREST'S BIG ANNOUNCEMENT ON TODAY — OLYMPICS CORRESPONDENT!

This means he'll be on the show for its 12th and 13th seasons. Interestingly enough, despite the many changes among the judges — with Simon Cowell and Paula Abdul leaving, Ellen DeGeneres' short-lived stint, and the additions of Steven Tyler and Jennifer Lopez — one constant has remained since 2002: Ryan at the helm!
In a statement, Ryan indicated it's "a dream job," and added, "It's been a wild ride, and I'm excited for my journey with American Idol to continue." We're excited it will continue, too!

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