Conan O’Brien to Close Nearly $30 Million Exit Deal With NBC, Say Sources
January 16, 2010
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[...] the holiday weekend. And sources told TMZ that the two parties are very close to announcing an exit deal for Conan to leave NBC as host of The Tonight Show, clearing the way for Jay Leno to resume the seat at the [...]
[...] Conan O’Brien’s final Tonight Show appearance came on the heels of two-weeks of soap opera-ish media drama and public acrimony between O’Brien, NBC and Jay Leno, after the network decided to cancel Leno’s failed prime-time show and award him with the coveted 11:35 time slot belonging to Conan’s The Tonight Show. The pompadoured comedian rejected NBC’s offer to continue as Tonight Show host at a later time slot. And the drama ended with NBC paying O’Brien a $45 million settlement to leave his contract. [...]