Conan O'Brien name in hat to replace 'American Idol' Simon Cowell

Rumor has it that deposed comedy king Conan O'Brien might be throwing his hat in for Simon Cowell’s old job with "American Idol."

Idol producers are frantically searching for a high-profile replacement for the bitchy Brit.

"Idol bosses think he’d be a huge draw now after all that Leno fuss," a source tells us.

Simon's signed a deal to leave FOX to leave "American Idol" in 2011.

Other names in the ring include Elton John, Jamie Foxx, Piers Morgan and Tommy Mottola.