Megyn Kelly Finalizes Multi-Million Dollar Contract Settlement With NBC

Sergio Cunningham
January 12, 2019

She also briefly hosted an evening newsmagazine that didn't catch on with viewers.

In a statement to ET on Friday, the network confirmed that Kelly is officially out, almost three months after Megyn Kelly Today was canceled following the host's controversial blackface comments.

"The parties have resolved their differences, and Megyn Kelly is no longer an employee of NBC", a spokesman said.

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

The split 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 during a segment on her 9 a.m. talk show.

The New York Times reports that Kelly was paid roughly $30 million, the outstanding balance on her $69 million, three-year contract. In a sense, Kelly was caught in a no-woman's land: some at NBC were suspicious of her because of the Fox News background, while her former audience at Fox resented her for tough questioning of Donald Trump on the presidential campaign trail.

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In this September 21, 2017 file photo, Megyn Kelly poses on the set of her new show, "Megyn Kelly Today" at NBC Studios in NY. "I want to look at everything", she said. Her regret over the comment, however, was apparently not enough to sway NBC executives. Kelly said it was OK when she was "a kid" (she was born in 1970) to don blackface - "so long as you were dressing up as a character".

Kelly is not believed to be subject to any "noncompete" clause, which means that in theory she can join another network right away, the sources said.

The final straw was her defense in October of Halloween costumes that include blackface. NBC announced on Friday, Oct. 26, 2018 that "Megyn Kelly Today" will not return.

The negotiations are finally over: Megyn Kelly is out the door.

It's not immediately clear what's next for Kelly. And Lack condemned Kelly's comments at a town hall, a clear sign that she had lost the support of the executive who helped woo her to the network.

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