Now on CNN Fox to pay Bill O "tens of millions" exit package

[SticksnStones]

So there you have it. His punishment: an advance on his future earnings.

So nice.

[beveeheart]

1. I'm not surprised.

[BSdetect]

2. You can bet we will pay as they claim that as expenses on their tax

[SticksnStones]

4. Think that's possible?

I don't know tax law...though I wouldn't be surprised to see it claimed as a cost of doing business at Fox.

[BSdetect]

9. Its in his contract no doubt. A buy-out clause. So yes, it's a business expense

So less tax paid hence we pay for a percentage of that.

[Demsrule86]

3. Stockholder and the like should sue these SOB's. I also think

by hiding the settlements, Fox broke the law.

[Cicada]

5. FauxNews is contractually bound to pay him tens of millions

Bill recently signed a contract renewal requiring Fox to pay him huge amounts. The contract no doubt requires Bill to not sexually harass coworkers and guests but it's not 100% certain Fox can prove it. So they settle somewhere in the middle.

[SticksnStones]

6. Yes, contractually he is protected

From ever experiencing financial discomfort from any of his words or deeds. Because he made it to the top of the heap.

Again I say, so nice.

[Hassin Bin Sober]

7. Yep. The guy was earning $30 plus million a year last I heard anything on his salary.

He is a very rich man.

The only consolation is how he got bounced. This should be devastating for an ego like his. I hope there are no children or pets in the house.

I know his wife got custody after the kid testified he was abusive. So there's that.

[underpants]

8. He's already worth about $85M

http://www.therichest.com/celebnetworth/celeb/tv-personality/bill-oreilly-net-worth/

[Iggo]

10. I don't care how much it costs Fox to fire this guy.

That's their fault for letting it fester this long.

[SticksnStones]

11. I carry no concern for Fox

My point was in the inherent lack of consequence for Bill O