
Jose Leiva/AP
Crawford is reportedly close to signing an agreement to become the prestigious Italian fashion label’s new model.
Versace previously released a statement remarking on the clothes the actor recently wore to three major events: Fashion Rocks, the MTV Video Music Awards and the 21st birthday bash of Gossip Girl co-star Blake Lively.
When asked about the rumors, a Versace spokesperson said, "We have been working hard to develop our relationship with Chace - and that is all we can say on the subject.
"Patrick Dempsey is contracted with us through to Spring/Summer 2009. It is undetermined who will replace him at this time."
The 23-year-old Gossip guy, who plays troubled rich student Nate Archibald in the series, is well-known for donning a variety of sharp and fashionable outfits.
Compared to Dempsey's manly looks, Crawford is more like an Abercrombie and Fitch, not a Versace. But he will be… in ten years.
Chace Crawford: New Versace Face?