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Keith Olbermann -- The Rich Get Richer (A very fat severance package)
TMZ ^ | 01/24/2011 | TMZ Staff

Posted on 01/24/2011 2:13:44 PM PST by SeekAndFind

Keith Olbermann scored an even sweeter exit package than previously reported. Sources connected with NBC tell us Keith is pocketing "well in excess" of $7 million.

Sources tell us ... Olbermann was due for two salary hikes during the last two years of his contract, which would have netted him just over $17 million. The exit deal, we're told, gives Keith much more than $7 million, though our sources would not be more specific.

And we're told ... Olbermann agreed as part of his exit deal not to do television, but our sources say he'll be benched for less than 4 1/2 months. Conan O'Brien had to sit out twice that amount of time.

And speaking of Conan, we're told attorney Patty Glaser, who negotiated Conan's exit from the same network, did the heavy lifting for Keith, along with his agent and manager. We're told negotiations for the exit went on for seven weeks.


TOPICS: Business/Economy; Society; TV/Movies
KEYWORDS: exitpackage; keitholbermann; severance

1 posted on 01/24/2011 2:13:50 PM PST by SeekAndFind
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To: SeekAndFind

Worth every cent.


2 posted on 01/24/2011 2:14:34 PM PST by screaminsunshine (Surfers Rule)
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To: screaminsunshine
Worth every cent.

Perhaps we should take up a collection to get "Tingles" off the air also?

3 posted on 01/24/2011 2:17:11 PM PST by cicero2k
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To: SeekAndFind

And, as a good liberal, he’s going to give every red cent that he can to the federal gov’t, right?


4 posted on 01/24/2011 2:26:20 PM PST by WinOne4TheGipper (If the Commerce Clause means everything, the Constitution means nothing.)
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To: SeekAndFind

Good riddance.


5 posted on 01/24/2011 2:28:24 PM PST by Carley (IDEOLOGY TRUMPS FACTS IN THE LEFT'S QUEST FOR POWER)
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To: SeekAndFind

The little award was for announcing... the big one was for going away.


6 posted on 01/24/2011 2:28:24 PM PST by Pearls Before Swine (/s, in case you need to ask)
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To: SeekAndFind
How much will this loud-mouth liberal donate to the IRS?

How much does he need to live on anyway?

Carbon guzzler!!

7 posted on 01/24/2011 2:29:11 PM PST by TexasCajun
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To: SeekAndFind

If those fools were stupid enough to promise this fool that much money, they don’t deserve to have it. That said, I wonder if Oberdork will move off to the sunset or just keep on trying to pollute peoples’ minds with his poison. I hope Obama taxes the shit out of him.


8 posted on 01/24/2011 2:36:54 PM PST by Gaffer
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To: SeekAndFind

If he was a man of principle he’d have forced them to fire him for his views. But instead, he took whatever money he could get. I hope his liberal supporters realize they’ve been duped as bad as AZ got duped by McCain.


9 posted on 01/24/2011 2:37:55 PM PST by Terry Mross (I voted for McCain and WASTED my vote.)
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To: SeekAndFind

MSNBC has got to be the ass-backwards business of all time. Just hilarious. They keep their worst rated host (Mathews)and pay their best rated host to leave.


10 posted on 01/24/2011 2:38:23 PM PST by Huck (The antifederalists were right.)
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To: SeekAndFind

That’s awfully capitalist of them.

Why did he accept it?


11 posted on 01/24/2011 2:44:03 PM PST by paulycy (Liberals suck all the joy out of America. Let's make them stop.)
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To: SeekAndFind
$7 million.

I think I'm going to be sick.

Stop this reality, I want to get off.

The polarity is inverted, and every single signal is out of phase.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

12 posted on 01/24/2011 2:58:25 PM PST by The Comedian ("Extremism in the defense of liberty is no vice" - B. Goldwater)
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To: paulycy

RE: Why did he accept it?

Liberals are always capitalists when it comes to THEIR MONEY.

They’re Marxists when it comes to taking money from OTHERS.


13 posted on 01/24/2011 3:13:15 PM PST by SeekAndFind
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To: SeekAndFind

I don’t care how much money he has. Being a person like that is a living hell.


14 posted on 01/24/2011 3:27:37 PM PST by Tax-chick (An attack on Sarah Palin is an attack on me.)
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To: SeekAndFind

The way it is with liberal hypocrits. You having money to use how you want is bad, but for them, it’s A-OK.
I have no problem with the idiot makind that much money. If the idiots at PMSNBC paid him that much, then so be it.


15 posted on 01/24/2011 5:02:48 PM PST by vpintheak (Democrats: Robbing humans of their dignity 1 law at a time)
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To: SeekAndFind

I hope Olbermann gets many millions from MSNBC, and I hope his agents and lawyers steal every penny of it from him.


16 posted on 01/24/2011 9:21:48 PM PST by ozzymandus
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