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NBC Decides Not to Pay Out the Remainder of Matt Lauer's Contract
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6 Dec 2017 02:30 PM EST

-by Laura Tucker, Staff Writer; Image: Matt Lauer (Image Source: Peabody Awards via Wikimedia Commons)

Things just got even worse for Matt Lauer.

Now, not only is he out of a job and seen as a disgrace among newsmen, but NBC has decided they will not be paying him through the remainder of his contract.

Last Wednesday, the former co-host for Today was fired just two days after the network heard that he had assaulted a woman during the Olympics in 2014.

Shortly after he was fired, there were other stories published. One was of him buying a sex toy as a gift for a coworker and giving her a note along with it, explaining what he wanted to do to her with it. Additionally, there was a story of him inviting a woman into his office and locking the door from underneath his desk.

But Lauer was fired "for cause," and because of this, NBC will not be required to pay the remainder of his contract that was reportedly a $20 million-per-year deal. This means his last day of NBC pay was Tuesday, November 28. This contract was set to expire at the end of next year, effectively meaning he's out at least $20 million.

This is nothing new for television news, as the industry routinely includes "morale clauses," and sexual assault could certainly be considered against "morals."

It has been said that Lauer did not fight being terminated, but it's unknown if his attorneys will fight for him to be paid through the remainder of his former contract.

After initially sending a note throughout the company shortly after Lauer was fired, NBC boss Andy Lack sent an additional email on Friday, December 1.

"Many of you have asked what we are doing to learn as much as we can about the circumstances around Matt Lauer's appalling behavior, why this was able to happen, and why it wasn't reported sooner," he wrote.

"This week we saw that when an employee comes forward to report misconduct, the system works. The complaint is quickly assessed and meaningful action is taken. But we also learned that we must do a much better job of making people feel empowered to take that crucial first step of reporting bad behavior."

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