Disgraced 'Today' Show Host Matt Lauer Will Not Recieve Salary Payout

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According to The Hollywood Reporter, NBC is not planning to pay out the rest of Matt Lauer's contract after he was sacked for sexual misconduct last month.

The 59-year-old Lauer was sacked on Wednesday around 36 hours later network received the very first complaint of sexual harassment against him from an NBC employee.

The NBC source did not dispute that Lauer's attorneys might designate a plan for get him paid, but said the network will not agree to any sort of payout.

The $30 million figure was predicated on the fact that Lauer was paid about $20 million a year to co-host the "Today" show - an extraordinary sum of money that reflects how profitable the morning show is. The contract ran through 2018. Their headline read "Lauer's lawyers trying to get him $30M payout after firing".

The network has said that network's management was "unequivocally" in the dark about one of the most powerful men in the news industry, Matt Lauer who has been now fired from NBC for reportedly harassed his colleagues for over 15 years.

Lauer was sacked on Tuesday and his Today show co-worker Savannah Guthrie announced during Today that Lauer was sacked due to "inappropriate sexual behavior in the workplace", which was written on a memo from NBC CEO Andy Lack.

Television news contracts typically include a morals clause, giving a network some flexibility to fire a high-priced anchor for cause.

News President Noah Oppenheim and Chairman Andy Lack were among the executives who questioned Lauer.

Three women are known to have filed formal complaints with NBC this week about Lauer's alleged wrongdoing.

"A team of the most experienced NBC Universal Legal and Human Resources leaders have begun a thorough and timely review of what happened and what we can do to build a culture of greater transparency, openness and respect for each other", Lack said.

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