Sources: Fox News payout to Bill O’Reilly will be tens of millions of dollars
The two sources, who spoke independently of one another, said the new contract was worth about $25 million per year…
However, O’Reilly will not be paid the entire amount he was owed, one of the sources said.
Fox incorporated language in the new contract that gave the network some “outs.”
Roger Ailes, on the other hand, was paid the entire remainder of his contract when he resigned under pressure last summer. Ailes, the founding CEO of Fox News, was accused of harassment by Fox employees.