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Fired CNN anchor Chris Cuomo will reportedly be paid $9 million to stop him from filing a lawsuit against the network.
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The amount is $3 million more than what his annual salary was, though it’s believed the disgraced news anchor was holding out for an $18-million lump-sum payout until he was told to set his sights a little lower, reported the New York Post .
News of a possible settlement comes after CNN president Jeff Zucker resigned over his romantic relationship with a colleague, executive vice president and chief marketing officer Allison Gollust.
Sources say Cuomo was planning to file a lawsuit against AT&T, CNN’s parent company, with allegations against Zucker and how he and Gollust coached his brother, former New York governor Andrew Cuomo, for his press conferences during the pandemic.
Cuomo could still refuse the offer and sue anyway, reported the Post , but Zucker’s departure may have taken the edge off of the potentially damaging allegations.
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The anchor was forced out in December after he admitted to helping his brother with his sex scandal.
Cuomo hoped to get paid out what was left on his contract but Zucker shut him down at the time.
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It has since emerged that Cuomo was the one who told executives about the affair, resulting in Zucker resigning as part of an agreement with AT&T chief John Stankey.
“Jeff cut a deal to say, ‘I’ll leave, and you settle with Cuomo,’” a source told the Post . “He thought AT&T would fight a lawsuit and it would go public otherwise.”
Zucker stated he was leaving because he violated corporate policy by not disclosing the nature of his relationship with Gollust.
However, in a draft of Cuomo’s suit that has not been filed alleged Zucker’s misdeeds go beyond that.
Gollust, meanwhile, is staying with the network.
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