...NBC executives said one term of his settlement will keep him from moving to another network for an extended period of time.
NBC executives said the move had nothing to do with the impending takeover of NBC Universal by Comcast.
Mr. Olbermann had signed a four-year contract extension in 2008 for an estimated $30 million.
SNIP
According to several senior network executives, NBC’s management had been close to firing Mr. Olbermann on previous occasions, most recently in November after he revealed that he had made donations to several Democratic candidates during the 2010 congressional elections...SNIP
“...NBC executives said one term of his settlement will keep him from moving to another network for an extended period of time.”
24 months. Get them through 2012 election.
“NBC executives said the move had nothing to do with the impending takeover of NBC Universal by Comcast. “
Probably BS, but matters not. Dead is dead. Grave doesn't care how you died.
“Mr. Olbermann had signed a four-year contract extension in 2008 for an estimated $30 million.”
40% of contractual $ until original end of contract. Free to do speeches, book deals.
What kind of people pay $30 million for four years of garbage? I don’t know if I would have WATCHED him every night for four years for that much. If I tried I probably wouldn’t have survived it, most likely I would have tried to eat a shotgun.
When people like Olbermann, Matthews, Maddow, Schultz, Ratigan, Shep Smith, Katie Couric etc. are paid millions upon millions to spew crap it makes one think the end really is near.
From Edward R. Murrow to Ed Schultz, what a dive into the pigpen.