Credit: Getty Photo: Khloe Kardashian and Mario Lopez Will Host X Factor 2012

Well, Papa Simon can rest happy now — Khloe Kardashian is going to be hosting The X Factor this season. BUT WAIT! Remember how Simon said he didn’t want a host to be too hosty (yeah, we paraphrased that)?

FOILED AGAIN, COWELL! Joining Khloe on the mic duties will be Mario Lopez, who is about as host-host-hosty as you can get. The man has done almost nothing but host television competitions (Dancing With The Stars, Extra, America’s Best Dance Crew) since the end of the American classic known as Saved by the Bell.

Although the two have been rumored to be the frontrunners for awhile now, it wasn’t until this morning that contracts began getting inked up, TMZ reports. This show just got a whole lot more expensive — especially when you factor in all of A.C. Slater’s hair product.

Word on the street is the duo have not yet signed their final contracts and are just waiting on a few minor details (like a dressing room for the Kardashian klan?) and they will start yukking it up on stage in November.

Source: TMZ