Bill O’Reilly isn’t leaving Fox News empty handed.
Sources familiar with the former “Factor” host’s departure told CNN Thursday that he’ll receive a severance package worth “tens of millions,” despite Fox’s claim they would not offer a payout. (RELATED: O’Reilly Issues Statement In Response To Getting The Boot At Fox)
The sources explained that the new contract O’Reilly signed in March — prior to the New York Times exposing his alleged sexual misconduct — mirrors that of former Fox News chairman Roger Ailes.
Ailes received the remainder of his contract, worth roughly $40 million, after resigning amid sexual harassment allegations back in 2016.
The sources maintain that while O’Reilly likely won’t receive a full payout like Ailes, his contract — which extends through the next presidential election and is allegedly worth $25 million a year — contains certain “outs” guaranteeing he won’t be heading down to Miami with empty pockets.
Editor’s Note: RIP Paul Walker