Gisele's Gonna Be Just Fine

It hasn't all been champagne and catwalk bouquets for Brazilian babe Gisele Bündchen—she parted ways with Victoria's Secret last year, and boyfriend Tom Brady just suffered a dynasty-crushing defeat at the Super Bowl.

But you can all breathe easy, the supermodel is bouncing back!

Gisele has been tapped as the new face of Max Factor, a source confirms exclusively to E! News: "The campaign will start by summer."

And according to our cosmetics-industry insider, Gisele's payday for the two-year deal is a whopping $2.5 million.

The source says that Bündchen is excited to vamp for Max Factor because her VS contract had precluded her from endorsing beauty products while under contract.

But what about Carmen Electra, the current face of Max Factor's makeup line?

When contacted by E! News, a rep for the cosmetics giant would only say: "Max Factor can confirm that Carmen Electra is the face of the brand."

When asked for specific comment on Gisele starting as the new face this summer, the rep had no comment.

Let the beauty wars begin!