Lindsay Lohan is set to record her third album. Wait… THIRD album?!?

August 21, 2007 | Filed Under Lindsay Lohan

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lindsay lohan rehab pictures

Lindsay Lohan is in rehab and apparently doing well – which is what she needs. The word is that she’s setting up to drop her third album (which she’s under contract to throw down on Universal). Here’s the dish:

“Lindsay loves music,” a friend tells us. “She loves writing songs.” Her track “Confessions of a Broken Heart (Daughter to Father)” grew out of her tormented relationship with dad Michael Lohan.

Lindsay is certainly less of a gamble as a singer. “A record by Lindsay Lohan costs almost nothing to make,” says one exec. “She doesn’t need a big band. You just give her some songs and session musicians. And, God knows, she already has name recognition.”

The music business traditionally tolerates � make that glorifies � its addled artists. Look at the late, great Janis Joplin, Jim Morrison, Sid Vicious and Kurt Cobain. (Not to draw any grim comparisons, Lindsay.)

“Tommy Mottola knows how to handle divas,” says a source, noting that the former Sony Music chairman’s wives have included Mariah Carey and Thalia.

But lately, relations between Mottola and Lohan are said to have cooled. (He didn’t return our calls.) And others at Universal Music are approaching her cautiously.

“As much as she wants to make another album,” says one insider, “the feeling is she needs to get herself cleaned up. Then we can talk about it.”

Well there Tommy Motorola you better be ready to handle a diva because unless this stint in rehab cleans Lindsay up, there’s no telling what she’ll do next. One could imagine her hooking up with Amy Winehouse to go on a partying binge that would have the spirit of Jimi Hendrix coming down from wherever he is to give them a live PSA about drug use.

If she just stuck to smoking the green, she’d be fine. Those fucking cokeheads though… they’re all alike. Losers. Here’s our lil’ reforming cokehead at rehab, riding her bicycle.