UPDATE: We just got word that Beyonce’s deal is worth an estimated $20 million over three years. That’s starting QB money right there….Or Yankee bench warmer money.

Beyonce was a spokesperson for Armani’s “Diamonds” fragrance but now she wants her own line. Well according to Women’s Wear Daily, B has just signed an exclusive fragrance deal with Paris company Coty. Coty is no slouch in the fragrance world as they launch everything from Calvin Klein to Adidas fragrances. No word yet on the name of Beyonce’s fragrance but she did have the following to say:

“For me, fragrance reflects a woman’s attitude and unique sense of style. While I love various perfumes, I haven’t found a scent that truly personifies me as a woman. Working with Coty, I was able to turn my ideal fragrance into a reality by creating an alluring and sophisticated fragrance; one that’s reflective of my inner power.”

How much you want to bet that this gets distributed in Macy’s?

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