Imus settles lawsuit, likely to get back on the air08/14/07 Mitch E. Perry
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Don Imus has reached a contract settlement with CBS that will pay the disowned shock jock a reported $20 million.
Imus had $40 million left on his contract when he was booted by CBS in April after making racist comments about the Rutgers University Women's basketball team.
Within a week, Imus lost his daily platform on both MSNBC and on the syndicated CBS radio network.
But for weeks now, there have been reports that after having hired a high powered first amendment attorney, Martin Garbus, Imus was working hard to get back on the air.
Garbus had said Imus would sue for the contract's unpaid portion. He cited a contract clause in which CBS acknowledged that Imus' services were "unique, extraordinary, irreverent, intellectual, topical, controversial."
According to Garbus, the clause said Imus' programming was "desired by company and ... consistent with company rules and policy.â€
The Associated Press reported today that Imus is now in negotiations with the WABC radio in New York to resume his broadcasting career.
Eric Deggans, media critic for the St. Petersburg Times, said heâ€™s not sure if Imus will be broadcast on as many stations as he was before his career imploded back in April, but says he will be on a significant number of them.