Former Fox News commentator Bill O'Reilly may get large payout

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Former Fox News commentator Bill O'Reilly may be getting a large severance package after he lost his job Wednesday with the network.

Former Fox News commentator Bill O'Reilly may be getting a huge payout after he lost his job with the network on Wednesday.

Despite the inglorious end to O'Reilly's two-decade Fox News Channel career, observers say his deep imprint on Fox and other cable news outlets and his influence on barbed political discourse are intact for the foreseeable future.

Fired on Wednesday amid a drumbeat of sexual harassment allegations, the vacationing host's "The O'Reilly Factor" was quickly redubbed "The Factor" and Fox News announced his time slot will be filled by Tucker Carlson, another adamantly conservative Fox host who dovetails with the channel's audience.

RELATED: Fox News host Bill O'Reilly accused of sexual harassment in LA

O' Reilly could get a large severance package because just days before his exit, he reportedly signed a new contract worth $25 million per year, according to CNN.

After years of sexual harassment allegations and millions of dollars in payouts, reportedly to at least five women, Fox News ditched O'Reilly.

RELATED: Bill O'Reilly out at Fox News amid sexual misconduct allegations

During the scandal, at least 83 ad buyers dropped out.

However, things aren't quite back to normal on Thursday as a slew of protestors still lingered in front of Fox in New York.

"One of the things Fox has always prided itself on is that it's not dependent on one personality, that it's the Fox brand, that we can lose someone, we can lose another person, we still got Fox. Well now, this is the ultimate test," ABC News Chief Legal Analyst Dan Abrams said.

Through all of this, O'Reilly has maintained his innocence and many are speculating that his severance package will amount to what Roger Ailes left with last summer and that was $40 million.

RELATED: O'Reilly 'disheartened' over Fox departure 'due to completely unfounded claims'

The Associated Press contributed to this story.
Related Topics:
newssexual harassmentfox newslawsuittelevisionu.s. & world
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