The drama between Billy Bush and NBC News may finally be over.
TMZ reports that Bush and NBC have reached a financial agreement in his contract that officially ended his employment with the network.
Sources say that Bush is happy with the final number, but it will remain confidential. When he joined “TODAY” full time, he reportedly signed a $3.5 million per year contract for three years. So you get an idea of what the settlement could be.
Bush reportedly felt like a “scapegoat” following a leaked tape that featured lewd comments he made with Donald Trump during a 2005 taping of “Access Hollywood.” He felt that his dismissal was simply for PR reasons.
According to the tabloid, staff at NBC was sent a final notice about Bush’s dismissal.
“While he was a new member of the ‘TODAY’ team, he was a valued colleague and longtime member of the broader NBC family. We wish success as he goes forward,” the memo read.