Report: Matt Lauer Won’t Receive a Massive Payout

Report: Matt Lauer Won’t Receive a Massive Payout
NBC's 'Today' show anchor Matt Lauer models the official Opening Ceremony outfit that Team USA members will wear by Polo Ralph Lauren in New York City, U.S., July 29, 2016. Reuters/Brendan McDermid Picture Supplied by Action Images
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Matt Lauer’s contract reportedly stipulated that he might get tens of millions of dollars after he was fired, but NBC may not pay it after he was fired from his “Today” job this week, it was reported Friday.

The longtime morning host “will not be paid past his last day of work,” a senior NBC source told CNN Money.