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To: Doogle

Here is how I am looking at this:

He’s been making an average of $10M per year over the past 11 years.

He is currently in a contact that pays $13M/yr for 5 years.

The press release indicates he is being suspended without pay for 6 months.

The press release does not indicate whether his contract contains a morals clause that covers this kind of infraction, and it is not clear if he has any kind of guarantee which might require NBC to pay out either the reminder of his contract or some portion of it.

I will guess that the “morals clause” elements of his contract did not anticipate this kind of behavior, and that there is some guarantee in his contract.

So, here is a guy who was paid $100M over the last decade, can probably garner $30M more in being bought out of his contract after he is axed at the end of this “review”.

It is impossible to develop sympathy for a person in this position.

Comcast shareholders (owners of NBC Universal) should raise hell about this issue as well as the $600k/yr x 3 years for no output paid to Chelsea Clinton.


15 posted on 02/11/2015 10:15:12 AM PST by Wally_Kalbacken
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To: Wally_Kalbacken
…… $600k/yr x 3 years for no output paid to Chelsea Clinton.

That's just checkbook journalism at it's finest, a payment made to guarantee ready access to Cankles should she move into the White Hut in 2017.

30 posted on 02/11/2015 10:26:09 AM PST by Spartan79 (I view great cities as pestilential to the morals, the health, and the liberties of man. Jefferson)
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