Megyn Kelly

Megyn Kelly officially splits from NBC with $69 million in hand

Megyn Kelly. Photo: Nathan Congleton/NBC/NBCU Photo Bank via Getty Images

Megyn Kelly has officially split from NBC, but will be paid the remaining sum of her $69 million contract, CNN reports.

"The parties have resolved their differences, and Megyn Kelly is no longer an employee of NBC."
— Statement from NBC

The big picture: While her exit was long in the making due to low ratings and "growing tensions" between Kelly and executives at the network, her defense of the use of blackface for Halloween costumes in October reportedly "sealed her fate." Kelly told photographers on Thursday that she will "definitely" be back on TV, but has yet to announce her next move.

Megyn Kelly will not be returning to NBC

Megyn Kelly
Megyn Kelly. Photo: Nathan Congleton/NBC via Getty Images

Axios has confirmed that Megyn Kelly will not be returning to "Today" after her comments on blackface earlier this week.

The details: According to NBC, "the 9 a.m. hour will be hosted by other TODAY co-anchors," next week. Kelly is still in talks with the company about her future with NBC. Discussions likely center around Kelly's departure, as her run with the company comes to an end in year two of a three-year, $69 million contract. Kelly hired attorney Bryan Freedman, which could be a sign of a battle to come over the time remaining on her deal.

Editor's note: NBC is an investor in Axios and Andy Lack, chairman of NBC News and MSNBC, is a member of the Axios board.