Lauer Still Wants $30M From NBC

Matt Lauer

Lawyers representing former NBC host Matt Lauer are reportedly seeking to get the longtime anchor upwards of $30 million after he was fired this week over allegations of sexual misconduct.

Page Six at the NYPost reports that Lauer's team is seeking for NBC to pay the host for the remainder of his $20 million per year contract, which still had a year and a half left before he was fired.

“They are currently looking at his contract and determining whether the claims against him, which clearly would affect any moral clause in his contract and his ensuing termination would cut off his contractual rights to be paid through to the end of his contract," a source close to Lauer's team told the outlet.

Morality clauses are often added to contracts allowing companies to fire employees for publicly embarrassing situations that damage the company's image.

NBC News Chairman Andy Lack announced Lauer's firing in a memo to employees Wednesday morning, suggesting that more allegations would likely be uncovered, according to The Hill.

Reports emerged later that day on other allegations of sexual assault and harassment against the former NBC anchor dating back to 2001.