At least he’ll get to keep that huge bag of sex toys.
Days after Matt Lauer‘s firing, it was reported his lawyers were gunning to get the veteran journalist a major $30 million payout.
But it looks like Lauer won’t be blessed with the same golden parachute as Bill O’Reilly — as the disgraced daytime host “will not be paid past his last day of work,” according to a senior NBC source.
In an article published Thursday, Page Six indicated that Lauer’s contract had been extended through the first half of 2019. His lawyers landed on the $30 million figure over the fact that Lauer was paid about $20 a year.
Speaking with CNN, the senior NBC News source did not dispute that Lauer’s attorneys are cooking up a plan to get him paid, however, the source added the network would not agree to any such payout.
Lauer is likely out of luck in this case due to a morals clause contained in most TV news contracts, which gives a network some leeway in firing a pricey anchor for cause.
Based on the reports of his yearly salary, Lauer has already been paid over $100 million during his tenure at NBC — he also has multiple properties and other investments.
Then there’s the fact that sending Lauer off with a cushy sum of money would go against NBC’s message of firing him in the first place.
That type of hypocrisy, as we know, is reserved for Fox News — which reportedly sent O’Reilly off with a $25 million severance payment after he left the network earlier this year amid a similar misconduct scandal.
Do YOU think Lauer will receive a payout?
[Image via Media Punch.]