It's official! Conan is out as "The Tonight Show" host. But he is not leaving empty handed.
Conan will get 33.5 million dollars and 12 million will go to his employees, the ones who had to move from New York to Los Angeles to do the show.
His executive producer gets a little under 5 million for himself.
Intellectual properties, such as Triumph, The insult dog and the masturbating bear, will not go with Conan as NBC is claiming it is owned by them.
Also, Conan cannot return to the air until September of this year.
Conan will get the 33.5 Million with no strings attached. It was reported that if Conan was signed by another network, that would not have to pay him the full amount. That is quite simply, not true.
A formal announcement will be made later today. Conan's last night as Tonight Show host will be tomorrow night.
What do you think of Conan's buyout?-Dr.FB