Home / Top Story / NBC paid nearly $40M to oust talent like Billy Bush

NBC paid nearly $40M to oust talent like Billy Bush

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Don Kaplan

NEW YORK DAILY NEWS

Tuesday, October 18, 2016, 7:33 PM

Despite all the public shame, former “Today” show host Billy Bush is allegedly walking away from NBC with a cool $ 9 million in his pocket — and he’s just the latest expensive casualty at NBC’s news division.

All told, since 2012 the network has paid just four people about $ 40 million not to show up for work.

The whopping exit package for Bush — negotiated in the days after he became the only member of his politically dynastic family to seriously wound Donald Trump’s presidential campaign — comes as the payoff for his role in the infamous “

In terms of big money broadcasters we’ve all grown numb to hearing about what they make. It’s just not shocking anymore to report how longtime “Today” host Matt Lauer is estimated to be paid about $ 22 million a year, according to TV Guide, or how Fox News Channel’s Bill O’Reilly supposedly takes home an estimated $ 17 million a year.

Matt Lauer, Kathie Lee and Hoda send best wishes to Billy Bush

We understand that these jobs are unique, competitive and difficult. They also require a certain something, call it charm or charisma, that brings viewers to the table.

But it’s hard to feel bad for Bush, who has become the latest embarrassing multimillion dollar mistake at NBC News.

When Ann Curry was ousted from “Today” in June 2012, the network was forced to make good on her contract — which paid her an estimated $ 12 million a year, for over two more years. In that time she appeared on NBC — you know, doing her job — a handful of times. “Meet the Press” host David Gregory pocketed a cool $ 4 million when he was dumped by the network; And “Today” show general manager Jamie Horowitz, who lasted a mere 10 weeks on the job, reportedly walked out of NBC with an estimated $ 3 million.

And while we admit this is all back of the envelope math, those losses become eye-popping when looked at through the lens of regular people.

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In real world terms, according to the U.S. Dept. of Labor, NBC News’ big bucks personal flubs could have covered the salaries of 701 public high school teachers, or 615 cops, or 597 registered nurses or 851 firefighters.

Of course NBC is free to spend its millions any way it wants, TV has always been a big money operation.

But the latest humiliation for NBC comes just as Trump’s infamous “Apprentice” term “you’re fired” (also an NBC product) has taken on a whole new meaning — especially for Bush.

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Tags:
donald trump
2016 election
sex crimes
billy bush
matt lauer
ann curry
david gregory
jamie horowitz
bill o’reilly
media

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