An industry insider says:“There is no way Matt is getting paid.”
Barely 24 hours after news broke that NBC’s Matt Lauer was fired over multiple allegations of sexual assault, he is already trying to negotiate a substantial golden parachute.
Tyler McCarthy reports at FOX News:
Matt Lauer wants $30 million from NBC after his firing for sexual harassment, report says
It seems Matt Lauer’s battle at NBC is not quite over. A new report indicates that the star’s lawyers are hoping to get him a reported $30 million for his contract that was supposed to take him through 2018, providing the disgraced TV host with a massive golden parachute.
According to Page Six, Lauer’s lawyers are working on a plan to get him the remainder of his $20 million per year contract, which would have run another year and a half had he not been terminated over allegations of sexual misconduct.
In 2016 he renegotiated a deal with the network, but the question now is whether or not a morality clause embedded within the contract allows the network to withhold the remainder of his payment, which would be roughly $30 million.
Lauer’s lawyer, William Zabel, did not immediately respond to Fox News’ request for comment.
As previously reported, Lauer was abruptly removed from his position as anchor and host of the “Today Show” on Wednesday after an employee came forward with proof of sexual harassment. Since then, the number of women accusing him of misconduct has grown to eight.
This is an excellent point:
Matt Lauer isn't sorry. You don't sue for wrongful termination if you think you deserved to get fired.
— neontaster ???? (@neontaster) November 30, 2017
Here’s more from the Page Six article by Emily Smith referenced above:
Matt Lauer’s lawyers trying to get him $30M payout after firing
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 had in 2016 renegotiated a new deal with Lauer valued at $20 million a year which would have kept him on the air through the end of 2018.
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.”
Here’s the latest sighting of Lauer:
Matt Lauer is reportedly seeking a $30 million dollar payout from NBC News. And here he is in the Hamptons today handing criminal defense attorney Eddie Burke Jr an envelope. https://t.co/6YXNPPcphP pic.twitter.com/sHFDQ43B0m
— Yashar Ali ???? (@yashar) November 30, 2017
Maybe now isn’t the best time for Lauer to demand millions of dollars from his former employer. It makes his situation look much worse. Not to mention his character as a human being.DONATE
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