
Piers Morgan having make-up applied backstage during Naomi Campbell's Fashion For Relief Haiti London 2010 Fashion Show at Somerset House on February 18, 2010 in London, England. (Getty Images)more pics »

According to Radar, Piers has been in talks with CNN for weeks, and they may have come to a $10 million agreement.
A source said, "CNN has made it clear to Piers that he is the network's first choice to replace Larry. He is very, very close to agreeing to terms."
If it goes through, the deal will likely mean that you won't be seeing Morgan on America's Got Talent for much longer. But since that show wraps in September, the timing is perfect.
CNN hasn't commented on a replacement for King, except to say that they'll be announcing their plans for his slot in the coming weeks.
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