Radio star Kyle Sandilands will reportedly pocket $15 million after his representation reached a legal settlement with media company ARN.
The deal, signed off on Tuesday, will deliver Sandilands $5 million a year over the next three years, The Daily Telegraph reports.
Sandilands had inked a $100 million deal to front ARN’s KIIS breakfast show until 2034. However, he was sacked and had his contract torn up after an on-air clash with Jackie “O” Henderson, his co-host of the Kyle and Jackie O Show.
He was originally chasing a payout on the remainder of his deal but is said to be pleased with today’s outcome, which also avoids the matter heading to trial.
ARN response and Henderson legal action
ARN told 7NEWS it will not confirm anything until it gives a market update on the matter. That is expected Wednesday.
Henderson has launched separate legal action against ARN.
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