• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Arts & EntertainmentMatt Lauer

Matt Lauer Is Reportedly Seeking a $30 Million Golden Parachute

By
Tom Huddleston Jr.
Tom Huddleston Jr.
Down Arrow Button Icon
By
Tom Huddleston Jr.
Tom Huddleston Jr.
Down Arrow Button Icon
December 1, 2017, 1:13 PM ET

Matt Lauer’s lawyers are reportedly trying to ensure that the disgraced former Today show host walks away from his NBC gig with a hefty sum.

Attorneys for Lauer, who was fired by NBC on Tuesday amid a flood of sexual harassment complaints, are lobbying the longtime TV anchor’s former employers to pay the remainder of Lauer’s contract with the network, according to a report from Page Six. With Lauer reportedly earning well over $20 million per year on a contract that has about a year-and-a-half remaining, such a payout would eclipse $30 million, according to the report.

NBC News fired Lauer on Tuesday after receiving complaints about the Today host’s alleged “inappropriate sexual behavior,” according to a memo sent to network staff, while more details of Lauer’s alleged misconduct have been reported over the past few days.

While Page Six reports that Lauer’s legal team is arguing that NBC should continue paying Lauer through the remainder of his contract, the report also notes that any moral clause within that contract could very well have been triggered by the mounting claims against the TV anchor, which would likely bar Lauer from any rights to collect what is left of his huge salary. Of course, it goes without saying that NBC would prefer not to shell out tens of millions of dollars to a man the network just fired, especially as the network continues to look for a replacement on Today for Lauer, who was one of the most prominent names at NBC after more than two decades at the network.

Fortune contacted William Zabel, an attorney for Lauer, for comment, and we will update this article with any response.

Lauer could stand to lose out on a large sum of money if NBC denies him his remaining salary, and he’s not the only high-profile man in the entertainment world to find himself in such a situation, given the rising tide of harassment claims against figures such as Harvey Weinstein, Louis C.K., and Charlie Rose.

However, Fortune‘s Claire Zillman wrote in-depth on Thursday about the far greater number of women who have experienced harassment and abuse in the workplace and whose careers have suffered as a result outside of the headlines.

About the Author
By Tom Huddleston Jr.
See full bioRight Arrow Button Icon

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Arts & Entertainment

Arts & EntertainmentNCAA March Madness
How to watch the Sweet 16 and the Elite 8 of March Madness 2026 for free—and without cable
By Sydney LakeMarch 26, 2026
3 hours ago
jay-z
Arts & EntertainmentBillionaires
From ‘Hard Knock Life’ to $2.8 billion, Jay-Z calls billionaire hate ‘a cop-out’ even as 1 in 5 Americans say it’s ‘morally wrong’ to be that rich
By Jake AngeloMarch 26, 2026
7 hours ago
retirement
CommentaryRetirement
Our retirement system gets a C-plus; policymakers have an opportunity to make it A grade
By Chris MahoneyMarch 25, 2026
1 day ago
trump
Arts & EntertainmentWhite House
As planes crash at airports and war rages in Iran, Trump visits Graceland
By Adrian Sainz, Meg Kinnard and The Associated PressMarch 24, 2026
2 days ago
Top CD rates from major banks March 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
BankingCertificates of Deposit (CDs)
Top CD rates from major banks on March 23, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Danny BakstMarch 23, 2026
3 days ago
Investingpets
Pricier vet care: Fewer visits but still many $11,000 surgeries
By Emily Forgash, Rachel Phua and BloombergMarch 22, 2026
4 days ago

Most Popular

Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Fortune EditorsMarch 24, 2026
2 days ago
C-Suite
'I didn’t want anybody shooting me': Five Guys CEO gave away $1.5 million bonus to employees over botched BOGO burger birthday celebration
By Fortune EditorsMarch 25, 2026
21 hours ago
Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
2 days ago
Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
3 days ago
Success
JPMorgan’s Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
By Fortune EditorsMarch 25, 2026
1 day ago
Environment
Vail Resorts' CEO says it's time to think beyond the $1,000 ski pass that helped build the empire
By Fortune EditorsMarch 26, 2026
10 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.