"CBB" producers have been encouraging Katie Price to join the hit reality show since it began in 2001, and the mother of five thinks it's the right time to take the offer. Reports claim that Katie Price signed a £500,000 contract just to enter the house.
She said, "There is always a price for the Pricey and the price was right."
Katie's grand entrance shocked "CBB" fans after Chloe Goodman was voted out from the house on Friday night.
Meanwhile, before her entrance at the "CBB" house she told The Sun that things might heat up between her and Katie Hopkins.
"It's going to kick off between me and Katie. I won't start arguments, but I'll finish them. I always have the last word and I won't let it drop."
She added, "I will 100 per cent address the things she's said about me."
Katie Hopkins has made headlines on her Twitter rants over Katie Price's daughter Bunny.
"Bunny? BUNNY?! Makes sense I guess, given your dad was going at it like a rabbit with all of mums mates," she tweeted.
Presenter Emma revealed that Katie was given special powers to banish three of her new housemates to the gilded cage for the rest of the evening.
Before she decided whom she would banish at the cage, she said.
"I just wanna say to everyone, I have been watching the show, I know exactly how you're all doing and how you're being perceived,' she told them. 'I don't want you to think that I'm going to that person because of how they're being perceived out there."
Katie banished Perez Hilton, Cami, and Nadia.
Fans were expecting fireworks between her and rival Katie Hopkins, but she just approached the controversial star and said.
"I can't wait to have a cup of tea, you're right up my street, but I'm a nicer version of you."
