We Now Know How Much Severance Fox News Paid Bill O'Reilly

Bill O'Reilly's firing from Fox News is getting him a payout of $25 million, a source with knowledge of O'Reilly's contract has said.

The former Fox anchor inked a new four-year contract last month guaranteeing he make that much annually, a person with knowledge of that contract told NBC News. The contract did allow Fox to fire him in general if controversy was harming the network, the person added.

The media company announced yesterday it was dropping O'Reilly's prime-time  show, "The O'Reilly Factor," amid mounting sexual harassment allegations made by former staffers and guests.

The New York Times revealed earlier this month that O'Reilly and his bosses paid about $13 million to five women in exchange for them not pursuing lawsuits or speaking about their cases.

Read more here and in the meantime, enjoy this classic freakout video of Bill from back in the day. 

(WARNING: NSFW language is used)



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