Bill O’Reilly could get adult to $25 million in severance: Sources

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O'Reilly to be paid no some-more than 1 year's salary: Source


Bill O’Reilly’s nice agreement says that a suspended Fox News horde will accept adult to one year’s income — as many as $25 million, sources said.

The agreement says he will get adult to one year’s salary, a chairman informed with a matter told CNBC.

His annual income is value about $25 million, according to NBC News, that cited a chairman with approach believe of O’Reilly’s contract.

Neither Fox, nor an profession for O’Reilly, Michael Bowe, had any evident comment.

On Wednesday, a network’s primogenitor association 21st Century Fox announced that O’Reilly would not be returning to Fox News.

His dismissal came after The New York Times reported that O’Reilly and Fox settled 5 cases of passionate nuisance allegations for about $13 million.

O’Reilly has energetically denied a claims, observant Wednesday that he found it “tremendously disheartening” to leave Fox on “completely ungrounded claims.”

Earlier this month, a slew of vital brands pulled their advertisements from Fox News’ “The O’Reilly Factor” in a arise of a allegations.

In an inner memo circulated Wednesday, Fox pronounced a preference to mislay O’Reilly was done in partnership with outward counsel.

“By ratings standards, Bill O’Reilly is one of a many achieved TV personalities in a story of wire news,” a memo said. “In fact, his success by any magnitude is indisputable. Fox News has demonstrated again and again a strength of a talent bench. We have full certainty that a network will continue to be a powerhouse in wire news.”

The memo, sealed by Rupert Murdoch and his sons, Lachlan and James, also reiterated Fox’s “consistent joining to fostering a work sourroundings built on a values of trust and respect.”

— Reporting by CNBC’s Julia Boorstin and NBC News. Written by Christine Wang.

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