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Response to RadiationTherapy (Original post)

Sun Mar 4, 2012, 05:05 PM

6. Maybe he just wants out of his contract but doesn't want to pay the penalty?

I posted in another thread that he has 4 years left on his contract with Clear Channel:
Rush Limbaugh is one of the most popular and highly compensated radio talk show hosts in the world with a net worth estimated at $300 million and an annual salary north of $40 million.

Thatís right folks, controversy pays. After stints in Pittsburgh (where he went by the name Jeff Christie), Kansas City and Sacramento, the big man went national in 1988. Today he is a majority owner of his radio show, which receives over 14 million listeners per week. Thatís down a tad from the peak of 20 million listeners in 2003, but it was enough to get Limbaugh a $400 million 8-year contract with Clear Channel that began in 2008.
http://www.celebritynetworth.com/richest-celebrities/rush-limbaugh-net-worth/


If he loses all his advertisers, Clear Channel may decide to remove him from the air. They would probably have to buy out his contract or continue paying him his $40 million per year.

If he just stopped his show, he'd be the one who'd have to cough up a lot of money.

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Arrow 21 replies Author Time Post
RadiationTherapy Mar 2012 OP
mdmc Mar 2012 #1
sadbear Mar 2012 #2
RadiationTherapy Mar 2012 #4
Sparkly Mar 2012 #5
calimary Mar 2012 #19
geckosfeet Mar 2012 #3
LineReply Maybe he just wants out of his contract but doesn't want to pay the penalty?
csziggy Mar 2012 #6
titaniumsalute Mar 2012 #8
Sen. Walter Sobchak Mar 2012 #20
randome Mar 2012 #16
KharmaTrain Mar 2012 #18
ProSense Mar 2012 #7
cbayer Mar 2012 #9
ProSense Mar 2012 #12
cbayer Mar 2012 #13
ProSense Mar 2012 #14
cbayer Mar 2012 #15
11 Bravo Mar 2012 #17
underpants Mar 2012 #10
RadiationTherapy Mar 2012 #11
seattleblah Mar 2012 #21
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