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Busting bad dish!

Deal “likely” to be done today for Jay Leno and Conan O’Brien

Truth rating: 9

BREAKING!

(GettyImages.com)

Sources from both Jay Leno‘s camp and Conan O’Brien‘s camp tell Gossip Cop that a “Tonight Show” deal is “likely” to be completed today, and that a joint announcement will be sent out immediately afterwards.

One Leno insider says that, barring a snag, “Jay is going to address the situation on his show tonight.”

An O’Brien source confirms that the deal should be done later today, and adds that one of the last sticking points was that O’Brien wanted to make sure NBC took care of his staffers, many of whom uprooted their lives in New York to move to the West Coast.

While the O’Brien source was not at liberty to disclose certain details of the settlement, we hear the late night host will receive a hefty, multimillion dollar exit package, and that he will be free to do another show, but only after a number of months have passed.

It’s likely that this will be O’Brien’s final week as host.

Gossip Cop will continue to monitor the situation, and bring you the latest updates.

Developing…

Follow @GossipCop on Twitter for updates!

  • spinilli

    Good. Hopefully that will mean people will stop talking about it. I’m as sick of hearing about this story as the Tiger Woods story.

  • Nelson G

    Jay Leno is a good host and comedian, no doubt, likewise Conan O’Brien who replace him in The Tonight Show. Even though NBC seems to only want to back Jay Leno, the people have already spoken. For one, the ratings for The Jay Leno Show are in the tank, and there’s a cabal of supporters all over the internet. Besides the fact that Conan is funnier than Leno by FAR and thus would be worth some payday loans to keep around.

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