That £15 million suggested by the same publication is a big step up from the total expenditure for last year.
Reality star Caitlyn Jenner was reportedly the highest-paid contestant in the 2019 series, taking home £500,000 from the experience.
Followed closely by Girls Aloud star Nadine Coyle on £250,000, EastEnders actress and I’m A Celebrity 2019 winner Jacqueline Jossa and Piers’ fellow GMB host Kate Garraway reportedly taking home £75,000 each.
Would Piers make it in the jungle, or do viewers think it might be a bit too far out of his comfort zone?
I’m A Celebrity Get Me Out of Here is set to continue later on this year and Good Morning Britain airs on ITV weekdays at 6am.