Reports that SiriusXM could be parting ways with Howard Stern when his contract runs out at the end of the year have been making their rounds in the media.
Those were fueled by a report from the U.S. Sun that cited an “unnamed insider,” so it is possible Stern could be gone. But, also, SiriusXM and Stern have not officially gone on the record so it is possible it’s all just a big misunderstanding.
But it would not be shocking to see Stern walk away even if SiriusXM wanted to bring him back, because it is something the 71-year-old has openly flirted with across the past several years. And it would be hard to blame him if he did walk away because across the past two decades with SiriusXM, Stern has amassed quite the fortune.
CelebrityNetWorth.com estimates Stern to be worth a whopping $650 million dollars. And, per the cite, he has earned more than $1 billion during his time with SiriusXM alone. The site also reported that Stern’s current deal, which is coming to an end, has paid him $120 million per year across the past five years. That said, the site also said that number is a bit deceiving because it claims that Stern pays the salaries of his show members such as Robin Quivers and Gary Dell-Abate and also pays for production costs.
Still, after all the expenditures, the site estimated that Stern likely takes home around $90 million per year before taxes and agent fees. After the agent fees and taxes, the site said it is likely that he nets around $40 million.
So, considering that, the $650 million estimated net worth does not appear to be a big stretch.
The U.S. Sun reported Sunday that Stern’s two-decade run with SiriusXM was expected to come to an end when his contract expires at the end of the year. Instead, of bringing back Stern, SiriusXM would look to make a deal with him for his catalogue, per the report.
The Sun cited an unnamed “insider” as saying that SiriusXM does intend to offer Stern a new contract at the end of the year, but it does not expect him to take it.
“Sirius and Stern are never going to meet on the money he is going to want,” the unnamed person said per the Sun. “It’s no longer worth the investment.”
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‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.pennlive.com ’
