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cristycurves
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To Bill Oreilly, you didn't think I was leaving did you, lol....... looks like they've decided to cut ties with him....Fox kicks Bill O'Reilly to the curb | World | News | Toronto Sun
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Didn't you all see it coming eons ago?.
Didn't you all see it coming eons ago?.
Nope, because I've never paid attention to fox news, nor him. But on instagram and twitter there were so many posts about Bill being fired, that the news was unavoidable![]()
He is leaving with a massive payout. He will never have to work again.
and probably wouldn't have had to work even without the payout, but this will be an ego buster for him though, kicked out as a proven perv and asshole.
I believe he's parting gift is 25 million. His ego maybe hurt but the man at his age is smiling all the way to the bank.
Bill O'Reilly will be paid tens of millions of dollars on his way out of Fox News, two well-placed sources told CNNMoney.
"It is a staggering amount," said a source personally involved in the exit maneuverings.
After this story was originally published Thursday morning, a third source said the payout totals $25 million.
21st Century Fox and O'Reilly's representatives will not acknowledge the existence of a payout. A confidentiality agreement limits what the two sides can say.
But the sources confirmed that O'Reilly does have a parachute, partly because O'Reilly signed a new contract right before being ousted.
The two original sources, who spoke independently of one another, said the new contract was worth about $25 million per year.
(Previous news reports have pegged O'Reilly's past contract at $18 to $20 million a year.)
O'Reilly commanded a higher sum for obvious reasons: he dominated the ratings and helped Fox News deliver record profits for its parent company.
The two sources also said the contract extended through the next presidential election, meaning it was set to expire either at the end of 2020 or sometime in 2021.
However, O'Reilly will not be paid the entire amount he was owed. That's because Fox incorporated language in the new contract that gave the network some "outs."
Fox is only on the hook for one years' salary, according to one of the sources. That's why the payout totals $25 million.
Roger Ailes, on the other hand, was paid the entire remainder of his contract when he resigned under pressure last summer. Ailes, the founding CEO of Fox News, was accused of harassment by Fox employees.