Disgraced news personality/supreme perv Matt Lauer is trying to get as much as he can from NBC. And by that I mean, his lawyers are trying to get him a $30 million payout. Just for some perspective, he had about a year-and-a-half left on his contract.
Sources close to the disgraced newsman say his team is working on a plan to get him paid through the remainder of his $20 million-a-year contract — which still has a year-and-a-half to run.
A source close to Lauer’s team said, “They are currently looking at his contract and determining whether the claims against him, which clearly would affect any moral clause in his contract and his ensuing termination, would cut off his contractual rights to be paid through to the end of his contract.”
NBC in 2016 had renegotiated a new deal with Lauer valued at $20 million a year that would have kept him on the air through the end of 2018.
That’s what this will really come down to. They have to decide if his “inappropriate sexual behavior” violated the whole “moral clause” part of his contract.
Another TV insider said, “There is no way Matt is getting paid. There has been an irrevocable breach of Matt’s contract, there is a moral clause that says if he brings the company into disrepute — which he clearly has — NBC can terminate his employment immediately without pay and they do not have to pay out his contract.”
That’s the current situation. Lauer wants a $30 million payout, but the reason for his firing may prevent that from happening. You know NBC doesn’t want to fork over that kind of cash. After all, they need to find a replacement. Although they could always slide Megyn Kelly on over. With Lauer gone, she’s the highest paid personality on the network.
h/t Page Six