Matt Lauer may be gone from NBC, but a very, very large paycheck could still be coming his way. According to the New York Post’s Page Six, Matt’s lawyers are trying to get him a $30 million payout.
The Post claims that the main thing his team is hoping to do is to get him paid through the remainder of his $20 million a year contract, which still has a year and a half left on it.
Many TV contracts contain moral clauses, and it’s likely that Matt’s did, given that he was such a huge on-air talent.
A source said of Matt and his team, “They are currently looking at his contract and determining whether the claims against him, which clearly would affect any moral clause in his contract and his ensuing termination would cut off his contractual rights to be paid through to the end of his contract.”
Another TV insider said, “There is no way Matt is getting paid. There has been an irrevocable breach of Matt’s contract, there is a moral clause that says if he brings the company into disrepute — which he clearly has — NBC can terminate his employment immediately without pay and they do not have to pay out his contract.”
A rep for Lauer didn’t comment, and his personal attorney William Zabel didn’t return calls.
Meanwhile, the grim-faced anchor was seen for the first time since his sexual misconduct scandal broke leaving his $33 million Hamptons estate Thursday to meet famed East End real estate and criminal lawyer Eddie Burke Jr., to whom he handed an envelope.