The Spice Girls Have Officially Reunited

After what feels like decades of "will they, won't they" speculation, the Spice Girls have announced that they are officially reuniting...but not quite in the way we all hope they would.

The Girls have reportedly signed a new deal earning them PS10 million each -- yes, each -- but before you get too excited, the deal allegedly does not include recording any new music or even performing. The Guardian reports that, instead, the deal is tied to reinvigorating their existing catalog.

"The Spice Girls are reportedly reuniting - albeit not for a tour or a new album. The five members of the British girlband have accepted PS10m each in a deal that might include television in China, a new talent show, a second greatest hits compilation and a variety of endorsement deals, according to the Sun.

The five-piece met today at Geri Horner's (formerly Halliwell) Hertfordshire home, along with manager Simon Fuller, who is reportedly driving the reunion. Victoria Beckham is said to have assented on the condition that she doesn't have to sing. "

Victoria's caveat is probably the best part of this news. Beckham posted a group photo on her Instagram account yesterday.

A statement was released that's been making the rounds on social media.

While a new greatest hits album isn't exactly the Spice Girls news we were all hoping for, it's still exciting to see the Girls all together again. Girl Power!