O’Reilly Could Receive Up to $25 Million in Exit From Fox: Sources | NBC New York
National & International News
The day’s top national and international news

O’Reilly Could Receive Up to $25 Million in Exit From Fox: Sources

His annual salary is worth about $25 million, NBC News reported

    processing...

    NEWSLETTERS

    AP, File
    In this Oct. 1, 2015 file photo, Bill O'Reilly of the Fox News Channel program "The O'Reilly Factor," poses for photos in New York. O'Reilly was ousted from the network Wednesday, and a source tells CNBC that he could receive up to one year's salary in severance from Fox.

    Based on his amended contract, Bill O'Reilly could receive up to one year’s salary after being ousted by Fox News, a person familiar with the matter told CNBC Thursday.

    His annual salary is worth about $25 million, NBC News reported, citing a person with direct knowledge of O’Reilly’s contract. 21st Century Fox said Wednesday O'Reilly would not be returning to Fox News following a New York Times report that O’Reilly and Fox had settled five cases of sexual harassment allegations for about $13 million.

    Bill O'Reilly Ousted At Fox News Channel

    [NATL] Bill O'Reilly Ousted At Fox News Channel

    Fox News host Bill O'Reilly was officially pushed out at the network. This comes after O'Reilly had paid out more than $13 million to five different women over allegations of sexual harassment. In a statement, 21st Century Fox said, "After a thorough and careful review of the allegations, the Company and Bill O’Reilly have agreed that Bill O’Reilly will not be returning to the Fox News Channel." O'Reilly has denied any wrongdoing.

    (Published Wednesday, April 19, 2017)

    In an internal memo, Fox said the decision to remove him was made with outside counsel.