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Idol's Elliott Yamin Is 'Entertaining Offers'

08/01/2006 at 10:05 AM EDT

Idol's Elliott Yamin Is 'Entertaining Offers'
Elliott Yamin
Ted Soqui/Corbis
When will third-place American Idol finalist Elliott Yamin sign a recording contract like winner Taylor Hicks, runner-up Katharine McPhee and contestants Kellie Pickler and Chris Daughtry?

"He's entertaining offers. There are two companies interested," a rep from Yamin's management company tells the New York Post.

Yamin, 28, is featured prominently in the current "American Idols Live" tour, prompting fan speculation over when and if they'll be able to hear an album from the Richmond, Va., native.

The singer's rep tells the Post, "Elliott is involved in a lot of charity work and has put a lot of time into that and then went straight into the 'Idol' tour. It's hard to entertain offers while he's been on tour, and he's just waiting for the right offer."

She added, "He's got a few things in the works and will have something firmed up very soon."

Actually, Yamin has been good lately at bringing up the rear. On Friday, as the other Idols met with President Bush at the White House, he came sprinting in five minutes late, wiping his brow and saying, "Phew!" ("He was sleeping," fellow Idol Ace Young told PEOPLE.)

Yamin later told the Richmond Times-Dispatch, "I had press to do this morning. My sleep was interrupted, and I was trying to make up for it. The tour manager called me at the last minute and said, 'We'll have a taxi to take you there for the photo.' And that's what I did."

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