Don Imus has reached a settlement with CBS over his multimillion-dollar contract and is negotiating to resume his broadcasting career.
Imus and CBS Radio "have mutually agreed to settle claims that each had against the other regarding the Imus radio program on CBS," the network and Imus' attorney Martin Garbus said in a joint statement Tuesday.
The terms of the settlement will not be disclosed, according to the statement. CBS and Garbus confirmed only that the settlement had been reached.
The settlement pre-empts the dismissed radio personality's threatened $120 million breach-of-contract lawsuit.
Meantime, Imus is talking to WABC-AM and other stations about making a possible comeback, a person familiar with the talks told The Associated Press. The person, who spoke on condition of anonymity because the details had not been announced, also said the deal with CBS calls for a "non-disparaging" agreement that forbids the parties from speaking negatively about each other.
The settlement and possible comeback come more than four months after Imus created an uproar over his racist and sexist comments about the Rutgers women's basketball team.
IMUS: $20 MILLION MAN
**EXCLUSIVE 10:19 AM ET ** Radio host Don Imus has agreed to settle his contract with CBS for $20 million, and a non disparaging clause, legal sources claim. The move opens the possibility Imus will soon return to the airwaves -- on WABC in New York! [Top radio executive strongly dismisses Imus will be offered WABC slot] Developing...
Link: The Drudge Report
And now the NewsMax poll is back up...
On a side note, Karl Rove resigned. Keith Olbermann and Jon Stewart say goodbye in the perfect way...
Speaking of Jon Stewart, John Gibson is an absolute bitch. And Jon Stewart made Bill Kristol into one as well.
PS This is ridiculous...