Nicole Scherzinger is looking forward to a lucrative 2014 as she has

Nicole Scherzinger is looking forward to a lucrative 2014 as she has reportedly landed a $4.5 million recording deal.

The former Pussycat Dolls singer, who now works as a judge on U.K. reality show “The X Factor,” is reportedly in talks with bosses at Sony Records to sign a deal which could see her release a new album by the summer 2014, according to Britain’s The Sun newspaper.

A source says, “Nicole was the most popular member of the ‘X Factor’ panel this year and is the real winner in terms of bankability. She is set to sign with Sony and can’t wait to get back to her music which took a back seat during ‘X Factor.'”

Scherzinger released her debut solo album, “Killer Love,” in 2011, four years after her first effort, “Her Name is Nicole,” was shelved.

Remember Nicole in ‘Eden’s Crush’?

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