Matt Lauer looking for a massive payout. Matt’s last contract was worth $20 million. Before his firing earlier this week for sexual misconduct in the workplace, he still had about a year and a half left on his current contract.
Now it appears that his lawyers are trying to get him paid. While Matt in a statement the other day admits that some of what is being said about him in true- not all facts are true, he says.
Most TV contracts have a moral clause, meaning that talent could be fired without pay if they bring the company into any disrepute.
His lawyers are seeking $30 million dollar payout. First pictures of Matt since his firing have surfaced.