Megyn Kelly Leaves NBC With All Of Her $69 Million Contract Intact

Two years after she signed with the network amid a lot fanfare, Megyn Kelly and NBC have formally parted methods.

The cut up was announced on Friday ending a drawn-out and acrimonious exit that was put in motion in the fall after Kelly defended Halloween costumes that incorporate blackface throughout a phase on her 9 a.m. speak present.

“The events have resolved their differences, and Megyn Kelly is not an employee of NBC,” the community stated Friday night time.

Talks about ending “Megyn Kelly At present” started earlier than the blackface remarks, as a result of underperforming scores and rising tensions between Kelly and NBC executives. But the Halloween controversy sealed her fate, in line with sources conversant in the matter. Her speak present was cancelled within days, and her lawyer started negotiating the phrases of her exit.

Kelly is midway by means of a three-yr contract value a complete of $69 million — an eye fixed-popping sum even by the inflated standards of tv information.

Bowing to the terms of the contract, NBC can pay Kelly the remaining sum of money, believed to complete about $30 million, two of the sources stated.

Kelly will probably be topic to an business normal nondisparagement clause, limiting what she will say about her time at NBC and her interactions with NBC executives. Tv contracts sometimes embrace language to guard each side in the occasion of an unsightly breakup.

But representatives for the host and the network declined to comment on the precise terms of her exit.

Kelly isn’t believed to be subject to any “noncompete” clause, which signifies that in concept she will be a part of another community instantly, the sources stated.

But Kelly doesn’t presently have an agent, and there is no indication that she has one other job lined up.

When approached by movie star photographers on the road in New York City on Thursday, and requested “will we see you on TV this yr,” Kelly stated. “You will undoubtedly see me back on.”

A consultant for Kelly declined to comment further.

Friday’s announcement marks a premature finish to a partnership that finally did not elevate the anchor’s stature and the network’s scores. And the hostility surrounding her departure stands in sharp distinction to the optimism that greeted her arrival at NBC in January 2017.

After 12 years at Fox Information, Kelly was one of the crucial sought-after stars within the tv information world, drawing interest from numerous networks. Fox reportedly provided her a new contract value more than $20 million a yr, but Kelly was desperate to shed the combative type she honed at the conservative network.

“Barbara Walters has retired,” Kelly advised Variety in 2015, when she was nonetheless at Fox. “Oprah has moved to the OWN community and is doing a unique thing now. So why not me?”

At NBC, Kelly hoped she would be capable of fulfill the softer position she had lengthy envisioned for herself. The community had formidable plans for Kelly, handing her internet hosting duties for a Sunday evening news magazine and the 9…

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