J.Lo explained the whole thing to BBC Radio -- saying, "I haven't been forced to make a decision and I'm glad about that because honestly I'm very on the fence about it."
Lopez added -- "I loved it, but I have a lot of other things happening, and it's going to come down to me making a choice of what I want to do for the next year."
One of those "other things" J.Lo is working on is her OWN singing competition show with hubby Marc Anthony -- called "Que 'Viva!: The Chosen". The show will focus on undiscovered vocal talent in Latin America.
FYI -- J.Lo reportedly made $12 MILLION for her role as a judge on AI this season.