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Conan O'Brien Signs Buyout Deal With The Tonight Show For $40 Million Plus

Conan O'Brien Signs $40 Million Deal to Leave NBC, Leno Takes Tonight Show Back

Finally, all the drama is over. Conan O'Brien has signed a deal with NBC for more than $40 million to walk away from The Tonight Show. O'Brien's manager, Gavin Polone, was the one to confirm the news today, saying that Conan solved the last sticking point of his employees' severance himself:

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. Now he just wants to get back on the air as quickly as possible.

Conan's last show as The Tonight Show host will be this Friday, and the good news for fans is that he should be able to be back on the air with another network in September. Sounds like just enough time for a really deserved vacation.

It's also been confirmed that Jay Leno will take back his old hosting gig on The Tonight Show starting March 1, and Late Night With Jimmy Fallon will continue to air at 12:35 a.m.

Image Source: Getty
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Join The Conversation
lilkimbo lilkimbo 6 years
I have always been a bigger fan of Conan than of Leno, but I have to say, Conan must have some great PR people! He basically forced Leno out in the first place. (He gave NBC an ultimatum years ago: He was going to switch to another network if Leno didn't publicly announce that he was quitting The Tonight Show and passing it on to Conan by a certain date.) And Leno didn't approach the network with the idea for his 10:00 show; they came up with the idea because they didn't want to lose him to another network. No, Jay is not innocent in this whole fiasco. But, neither is Conan. I don't blame either of them, though. They were both looking out for their own best interests.
Drewsfan Drewsfan 6 years
I'm just hoping Conan gets a show on Fox so I don't have to spring for cable. I'm sure not watching the tonight show without him!
suziryder suziryder 6 years
That's what this was all about, wasn't it. Leno wanted the tonight show back. What a bunch of creeps, Leno and the NBC execs are. Ugh. Poor Conan. I hope he gets a show on Comedy Central around the time of Stewart and Colbert's shows.
redchick152 redchick152 6 years
boo nbc!!!! at least they let him out of his contract.
Renees3 Renees3 6 years
i'm glad he was able to take care of his staff, but I'm so sad he won't be on the tonight show anymore. I hope he finds somewhere good to go!
amybdk amybdk 6 years
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