Reports of the talks between Cowell and BBC surfaced for a new drama series, although any official confirmation is yet to come out, reported Daily Mirror online.
Cowell, 52, has ostensibly had some talks with BBC1 controller Danny Cohen after his relationship with heads at ITV were at an all time low.
This development comes days after ITV recruited one of Cowell's key executives, Shu Green, from his independent production company. Green has had a long association with Syco company and her move to ITV wasn't welcomed by Cowell.
BBC was cautious in its announcement but didn't deny the association with Cowell.
"We're a long way off any commission," said a spokesperson for the BBC.