Matt Drudge has the scoop:
**Exclusive** Radio host Don Imus has agreed to settle 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! Developing…
I’ll post an update when more news is available.
Update:
It looks official. The AP has picked up the story:
Don Imus has reached a settlement with CBS over his multimillion-dollar contract, and is in negotiations with WABC radio in New York to resume his broadcasting career there.
That’s according to CBS and a person familiar with the negotiations.
A CBS spokesman says Imus and CBS Radio have reached a settlement that would pre-empt the dismissed DJ’s threatened $120 million breach-of-contract lawsuit.
No terms of the settlement were disclosed.
The person familiar with the talks tells The Associated Press that Imus is taking steps to make a comeback with WABC.
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