Billy Bush’s NBC Settlement Could Reach $10 Million Mark
Billy Bush may be out of a job but at the end of the long, dark tunnel is a $10 million pot of gold.
“Negotiations between Billy and NBC are progressing, and will continue to progress, and hopefully we will reach a conclusion in the near future. We were preparing for battle, but today we are preparing for settlement,” litigator Marshall Grossman, told Page Six on Friday.
According to Page Six, the settlement “will involve a large lump payment said to be the full value of his three-year contract, valued at around $10 million.”
Bush, who was officially on suspension from NBC’s “Today” after a lewd 2005 videotape leaked of him interviewing Donald Trump, hired Grossman, a famed Los Angeles litigator known for handling celebrity problems as well as complex cases involving Apple Computer and other big corporate clients, according to a person close to the situation.