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Ann Curry gets $10 million payout from NBC

Former "Today" show host Ann Curry will walk away this week with a $10 million payout from NBC.
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Ann Curry, co-host of the "Today Show," attends the TIME 100 Gala celebrating TIME'S 100 Most Influential People In The World at Jazz at Lincoln Center on April 24, 2012 in New York City. ( Fernando Leon/AFP/Getty Images)

Former "Today" show host Ann Curry will walk away this week with a $10 million payout from NBC.

Curry, 55, is said to have signed a contract to co-anchor "Today" for $10 million a year and because she's only completed one year of the contract, she'll be given that much when she leaves the job, according to USA Today.

TMZ also reported that it was a long-term contract, meaning Curry will get that amount for three years. She is expected to leave her "Today" post this week and will likely become a foreign correspondent for NBC News.

More from GlobalPost: Ann Curry hosts Thursday's 'Today Show' despite rumors of her dismissal

According to the New York Post, NBC has a history of being generous with its employees when the media outlet lets them go. It paid late-night host Conan O'Brien a reported $45 million when he was fired from "The Tonight Show" in 2010, although that settlement included payment for his production company, which has nearly 100 employees.

The Post also reported that $10 million isn't big money when it comes to morning television. "Today" show co-host Matt Lauer has just re-signed his contract for a reported $25 million a year. "Today" is said to make $200 million a year in profit for NBC, making it the biggest moneymaker for the network.

http://www.globalpost.com/dispatches/globalpost-blogs/hollyworld/ann-curry-gets-10-million-payout-nbc

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