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Wednesday, April 7, 2010 as of 11:14 AM ET

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  • Fox411 Exclusive: Jessica Simpson and Billy Corgan making music, not whoopee

    (AP)

    (AP)

    As Jessica Simpson’s former boyfriend, Dallas Cowboys quarterback Tony Romo, was getting bounced from the NFL playoffs on Sunday, rumors continued to fly that Simpson had turned her sights to Smashing Pumpkins singer Billy Corgan.

    Now Fox411.com has learned exclusively that after a month of heavy flirting and songwriting, things have cooled off between the odd couple.

    “Jessica loved spending so much time in and out of the studio with Billy,” a Simpson pal told Fox411.com. “She’s in awe of his musical prowess, and it adds to her feelings for him, but they are not dating.”

    SLIDESHOW: Fugly Guys Who Date Bombshells.

    Musical prowess, indeed.

    The source said the two were introduced by a music producer pal, and they’ve worked together both in New York and Los Angeles. The insider added that Corgan was making an effort to visit her beyond their musical collaboration, but that the two were probably too different for that to work out.

    “Dating Jessica publicly can be intense. Billy maintains a quiet, private music-focused life and the taste of publicity he got while being with Jessica was an eye opener,” the source said. “Billy likes Jessica, but he will work to keep their relationship as it is and focus on the music. They are not getting serious, but Jessica has had so much fun with him.”

    The pal said hanging out with the alt rock star was just part of Simpson finally growing up.

    “[Jessica] really got fed up with doing things for other people,” the source told Fox411.com. “Jessica barely wears makeup these days. Her workout schedule isn’t strict. She eats whatever she wants. She once was a slave to what people thought and said, about her and her time with Billy has brought out an even more mature and toned down Jessica.”

    We can’t wait to hear the songs they came up with.

    Will they call their band Simpson Pumpkins?

    We hope not….

    -Kelly Will

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