Bullexcrement.
He "backed out" because his new massa MSNBC told him there could be problems with his talk show if too many people were reminded of his role in several -- ah, incendiary, shall we say -- incidents in NYC back in the 90's.
Let this one die, Al, they said, or say bye-bye to the big bucks. Al, he say yessah, I do like you say sah, no problem sah.
Like the Tawana Brawley hoax and the cocaine deal that the Rev was caught discussing on tape.