Matt Lauer Will Not Receive Remaining $30 Million On His Contract-NBC

In the wake of the sexual harassment allegations that led to Matt Lauer’s firing from NBC, network execs have decided that the veteran TV anchor will not receive his $30 million payout from his former employer. ⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀
Although Lauer has more than a year left on his contract, the anchor will not be paid after his firing.
According to Page Six, Lauer’s lawyers had been on the hunt to secure the remaining $30 million left on his contract, but NBC News president Noah Oppenheim said Friday that that would not happen because he was fired “for cause.” ⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀
Oppenheim’s decision came just three days after Lauer was terminated for “improper sexual conduct in the workplace,” with a younger staff member. However, at the time, the network revealed that it had reason to believe the incident was not isolated. Since then, several women have come forward to detail Lauer’s inappropriate behavior. ⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀
Lauer has since apologized for his actions.