Joe Simpson has been trying to cash in on the rumoured pregnancy of his newly-engaged daughter Ashlee by offering tabloids dibs on exclusives. However, no publications are willing to stump up the money is demanding.

Having noticed the baby-crazed trend in magazines, Joe has been seeing Ashlee’s baby with Fall Out Boy’s Pete Wentz as a money-making venture.

A magazine source told Page Six: "Joe is contacting all the weeklies and asking them to pony up $1 million to put Ashlee on the cover."

"The deal would include photos of Ashlee - taken by Joe, of course, so he can make more money - an interview and photos of the baby when she has it."

However, Joe faces some hurdles along the way. Not only has his future son-in-law denied there is a child on the way, but no publications are willing to fork out $1 million for the exclusive rights.

One magazine editor said the pictures would fetch "$60,000 maybe - but definitely not a million. The timing is a little suspicious. Her album Bittersweet World is dropping next week, and there was little to no interest until now. Ashlee's lucky she got pregnant, frankly."

Evil sister Jessica must be laughing wickedly.