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

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  • Lindsay Lohan getting naked with James Franco in new book, report says

    Lindsay Lohan shows some skin in Complex magazine last year. (Complex)

    Lindsay Lohan is not letting her myriad legal woes get in the way of pursuing new business opportunities.

    According to a report in the UK’s Herald Sun newspaper, Lohan just inked a deal worth almost $3,400,000 to produce a sexually explicit book with controversial photographer Terry Richardson.

    Much like Madonna’s 1992 book “Sex,” Lohan plans to strip down to the altogether in a series of explicit nude photos. Instead of using Vanilla Ice as her sexual muse, Lohan has reportedly enlisted former fling James Franco to get naked with her.

    PHOTOS: Lindsay Lohan.

    Franco, who is studying for his doctorate in English at Yale, was widely panned for his dazed and confused co-hosting of the Oscars on Sunday night. The quirky actor skipped his own much-hyped after-party and immediately boarded a plane headed for New York. Franco posted a picture of himself on Twitter, still sporting his Oscar tux, with the message, “Goodbye L.A. It was fun! Time to head back to class.”

    While in this case, Lohan seems to have marginally better taste in men than Madonna, the book will hardly cover new ground. A source tells the Herald Sun, “There will be a lot of nakedness–some of it graphic and suggestive–but it will be a real statement book. Obviously, there will be comparisons to Madonna’s book. But James and Lindsay believe theirs will be classier.”

    Keeping things classy may be a bit tricky for a jail-bound starlet. The troubled actress has a little over a week to decide if she wants to accept a plea deal with certain jail time for allegedly stealing a $2,500 necklace, or take her chances at trial.

    If Lohan is found guilty of felony grand theft, she could face up to a year in the California state prison system.

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