Will Matt Lauer Be Able To Get Any Money From Being Fired

Will Matt Lauer Still Get Paid Millions Afterward Being Fired from the Today Bear witness?

Matt Lauer reportedly signed a two-yr, $20 one thousand thousand contract in 2016

Matt Lauer reportedly signed a two-year, $20 1000000 contract in 2016 — merely what will become of that salary now that he'due south been fired for declared inappropriate sexual behavior?

Folio Half dozen reports that Lauer is seeking $thirty million — the balance of that deal — from NBC. The network had no comment, though a source tells PEOPLE Lauer has not asked to exist paid out the remainder of his contract, which could indeed have been up to $thirty million.

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Lauer was photographed meeting with attorney Eddie Burke Jr., who did not render PEOPLE's calls, in the Hamptons on Thursday.

If Lauer, 59, does finish up making a case for bounty, "the event becomes, can they fire him for cause?" a source with knowledge of the situation tells PEOPLE.

"'Is it clear cut? It might make sense to fire him for cause rather than to consume the whole contract. They can brand the argument that it's for cause, just his lawyers won't see it that way," the source explains. "And so and so they will try to negotiate a middle ground. Merely if any of the women take action against NBC, and so that's a factor. Insurance comes in to play, and then it becomes much more complicated."

NBC appear early Wednesday that Lauer had been fired after the network received a "detailed complaint from a colleague about inappropriate sexual behavior" on Mon, with reason to believe "this may not have been an isolated incident."

Today - Season 62

Matt Lauer

| Credit: Peter Kramer/NBC/NBC NewsWire/Getty

In a report by Diverseness, iii bearding women accused the erstwhile newsman of sexual harassment, claiming the begetter of three had once brought a female person employee into this office "and and so dropped his pants, showing her his penis." Lauer and then allegedly "reprimanded her for non engaging in a sexual deed."

On Wednesday, a sometime NBC employee – who spoke to the The New York Times on condition of anonymity – said that Lauer sexually assaulted her in 2001. According to the publication, Lauer had been making "inappropriate comments" to her afterward she started working at the media visitor in the late 1990s.

RELATED VIDEO: Source: Matt Lauer Was 'Dumbfounded' Over Sexual Misconduct Allegations: 'He Felt Invulnerable'

The adult female told the Times that Lauer asked her into his role in 2001, and that he locked the doors past pressing a push from his desk.

Lauer, who joined the network in 1992 as a newsreader on Today, had been co-anchor of the morning show since January 1997. On Thursday, he released a statement speaking out about his termination from NBC for the showtime time.

"In that location are no words to limited my sorrow and regret for the hurting I have caused others by words and actions," Lauer said. "To the people I have hurt, I am truly distressing. Every bit I am writing this, I realize the depth of the damage and disappointment I accept left backside at home and at NBC."

"Some of what is beingness said almost me is untrue or mischaracterized, only there is enough truth in these stories to brand me experience embarrassed and ashamed. I regret that my shame is at present shared by the people I cherish dearly," he added. "Repairing the damage will accept a lot of fourth dimension and soul searching, and I'm committed to beginning that effort. Information technology is now my full time job. The last two days take forced me to take a very difficult wait at my own troubling flaws. It's been humbling. I am blest to be surrounded by people I love. I give thanks them for their patience and grace."

Source: https://people.com/tv/will-matt-lauer-get-paid-millions/

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