Conan O’Brien Close to Exit Deal, But Triumph Insult Dog Stays With NBC
January 19, 2010
(ChattahBox)—NBC and Conan O’Brien continued with their contract talks through 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 heralded late night desk. The reported payout is close to $32.5 million. But it appears the iconic TV characters created by Conan O’Brien’s team when he hosted the Late Night show, will stay with NBC. Triumph the Insult Comic Dog, with his famously foul mouth and crotch sniffing ways will not be leaving town with O’Brien.
The reported deal with NBC also provides generous severance packages totaling about $8 million to O’Brien’s staff, who moved their families to LA to work on The Tonight Show with O’Brien and are now out of a job.
It’s also being reported that O’Brien agreed to stay off of the airwaves until the fall. Additionally, money earned by O’Brien hosting another show, during the time frame of his contract with NBC, would be deducted from the $32.5 million payout.
Meanwhile it looks like it’s time for O’Brien to say his goodbyes to Triumph and the Masturbating Bear.
See TMZ for more.