Conan O’Brien reaches $45 million agreement with NBC

Conan O’Brien will be parting NBC $45 million richer. Sort of. Conan will get $32.5 million regardless of whether he finds work at another network. NBC will pay $7.5 million to the Tonight Show staff and $4.5 million to the executive producer.

Conan’s final show will be on Friday. Leno will return as host on March 1. There’s been no announcement of who will host the Tonight Show between then.

“In the end, Conan was appreciative of the steps NBC made to take care of his staff and crew, and decided to supplement the severance they were getting out of his own pocket,” his manager, Gavin Polone, told The Wall Street Journal. “Now he just wants to get back on the air as quickly as possible.”

Since Conan won’t be able to take most of the characters from his show with him due to the fact that they’re the intellectual property of NBC, he brought out the banned masturbating bear for the last time. It brings a tear to my eye that I’ll never see a bear play with his huge sack in front of me again. Why? Why!

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