Update

Kardashians Ink Multi-Million Mega-Deal with E!

updated 02/27/2015 AT 08:00 AM EST

originally published 02/26/2015 AT 08:40 PM EST

Keeping up with the Kardashians for the next four years isn't going to be cheap for the E! channel.

Kris Jenner has officially signed a multi-million contract with the network for four more seasons of the hit reality show, the New York Post's Page Six confirmed on Thursday.

The details of the deal – which one insider describes as worth $100 million, which would make the stars among the highest paid in the history of reality television – was vehemently denied by E!'s parent company as "grossly inaccurate." Variety reports the amount was closer to $20 million for only three more seasons of the show, along with a clothing allowance of $75,000 per season in total for all the family members.

An insider close to the situation tells PEOPLE that E! is trying to keep the actual amount under wraps for future negotiating purposes.



"E! is now freaking because others are calling trying to get a better deal – like Guilana [Rancic]," an insider tells PEOPLE.

Jenner's daughters – Kim Kardashian, Khloé Kardashian, Kourtney Kardashian, Kendall Jenner, and Kylie Jenner – are all set to appear in the upcoming seasons, as well as in a slew of possible spinoffs involving Kendall and Kylie Jenner, and even a YouTube channel, according to Page Six.

Bruce Jenner was reportedly not included in the deal, as he plans on launching his own show on the network, chronicling his transition to become a woman.

The new season of the Keeping Up with the Kardashians premieres on Sunday, March 15.

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