Check this out little nugget:
His move to Sirius Satellite Radio, while somewhat risky, comes with a huge financial reward: Stern signed a five-year, $500 million contract to jump. He's creating two new channels for Sirius, with the salaries, overhead and other programming costs coming out of his windfall.
That means that he has to use that money to pay salaries and overhead, as well as any other crap he wants to do on his show.
That changes everything. I was under the impression that was his salary.
This is much more sensible.
Crazy, but more sensible than paying a guy half-a-billion dollars to shoot the shit on pay radio and TV.
Posted by portocac
at 1:18 PM CST
