I have been hearing, like you, tons of rumors that Jennifer Lopez will no longer be a judge for the third season of American Idol. Getting to the point that they are already talking about potential replacements. This morning she was on the Today Show and J-Lo fanned the fire even higher. She seemed to allude that this is not just a rumor.

"I am thinking that it's time for me to go," J-Lo said on Today. "I've loved it so much. I've enjoyed the show so much. I enjoy just the whole process of the show ... It's a tough decision either way, but I have to say there are so many things I do that I put on hold for that."
Jennifer said it was "a heartbreaking decision if I have to go," but stopped short of saying she was through with American Idol. When asked if she had made up her mind, she told Today's Natalie Morales, "Little by little I am ... I love everybody, I love all the guys on the show, I love the family that's there ... but I am thinking it's time for me to go and do other things I love to do." (TODAY)

This might just be a ploy to get some more money this year to come back, but I feel that some of this is true.  The fact that we have already heard names being named for replacements that this is moving along, and if it's a ploy, it might just get away from her.