OMG: Is One Direction Signing Another Record Deal? 

OMG: Is One Direction Signing Another Record Deal?

isn't out yet, there's already rumors that the band is being pushed to record more music! According to

, Simon Cowell wants to extend their contract — and is offering them each £2.5 million to do it.

“One Direction are big business and Simon and [company] are desperate to keep the money-making machine going for as long as possible," their source said.

CLICK HERE FOR PHOTOS OF 1D YOU DIDN'T KNOW EXISTED!

“The negotiations are already in the very early stages and are being kept top secret.”

Under their current contract, the guys are expected to release two more albums and a greatest hits record, but this new deal would mean two more 1D albums through Syco. We can't complain with that!

Of course, this is all still rumored. We just hope they do whatever makes them happy. Since they

been working like crazy, we wouldn't blame them for going on hiatus after they wrap up their current contract! Obviously, they have no plans to split for good.

Do you think One Direction should sign on to make two more albums? Tell us in the comments!

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