Hey Matt, you’re fired for sexual harassment! You brought shame on NBC, intimidated female employees, and hurt the brand of The Today Show which relies heavily on women viewers. But oh, here’s $30,000,000. Have a nice life.
I bet he gets hair plugs.
“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 the end of his contract,” a source close to Lauer told the outlet.
The likelihood of Lauer’s lawyers getting their client such a substantial payout remains to be seen, however. Page Six quoted a television insider who said “there is no way Matt is getting paid.”
“There has been an irrevocable breach in Matt’s contract,” the insider explained. “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.”