This Nov. 16, 2017 photo released by NBC shows Matt Lauer during a broadcast of the 'Today,' show in New York. NBC News fired the longtime host for 'inappropriate sexual behavior.' Lauer's co-host Savannah Guthrie made the announcement at the top of Wednesday's 'Today' show. ( Zach Pagano/NBC via AP)
Rumors have been swirling that Lauer’s lawyers would likely fight for him to get a large payout. It was predicted that the payout could be around $30 million, considering the fact that he made about $20 million a year to host “Today” and that his contract had been extended through the first half of 2019. According to the source, however, the network will not agree to a payout, as television news contracts typically include a morals clause.
It’s also unlikely that Lauer himself will lobby too hard for the payout, according to two people close to him, given that he has likely already been paid well over $100 million during his time at NBC. He reportedly accepted the network’s decision to terminate his contract and expressed remorse during his firing late Tuesday.
The bombshell news was announced by Lauer’s co-host, Savannah Guthrie, with the help of Hoda Kotb during an emotional episode of “Today” on Wednesday morning.
The following day, Lauer addressed the controversy in a statement:
"There are no words to express my sorrow and regret for the pain I have caused others by words and actions. To the people I have hurt, I am truly sorry. As I am writing this I realize the depth of the damage and disappointment I have left behind at home and at NBC. Some of what is being said about me is untrue or mischaracterized, but there is enough truth in these stories to make me feel embarrassed and ashamed. I regret that my shame is now shared by the people I cherish dearly. Repairing the damage will take a lot of time and soul searching, and I’m committed to beginning that effort. It is now my full time job. The last two days have forced me to take a very hard look at my own troubling flaws. It’s been humbling. I am blessed to be surrounded by the people I love. I thank them for their patience and grace."
The event formerly known as Home World has a new name and new location.Get totally inspired for spring as you find hundreds of ways to improve your home. Make your home the one you really want. Show open daily duringmall hours. Admission is free!
Landscaping and Outdoors
Get ready for Spring and Summer and transform your outdoor space into something that feels like you’re on vacation
Make sure to visit our demonstration stage during the entire show. There will be exciting demonstrations on how to re-purpose and design thanks to Monarch Market Affair.
Meet Barry Williams from The Brady Bunch
Join us as we welcome Me-TV superstar Barry Williams who played the iconic Greg Brady from The Brady Bunch TV Show. Meet him and get an autograph on February 10th stage side at center court in front of Macy’s.
The line will start forming when the Mall Opens, and Barry’s First appearance will be at 11 a.m.
Come prepared with your camera or cell phone for the Meet and Greet.