ABC has plenty of reasons to be freaking out over the George Stephanopoulos scandal — 105 million, to be exact.
The “Good Morning America” and “This Week” anchor renewed his contract last year for $105 million, TV industry sources told The Post Monday.
The seven-year deal — which dwarfs the five-year, $50 million contract scored by since-suspended NBC rival Brian Williams — was supposed to keep Stephanopoulos in front of ABC’s cameras through 2021.
But now his credibility, and future, have been called into question since he admitted Friday that he had donated $75,000 to the Clinton Foundation since 2011, just as the presidential race gears up with Hillary Rodham Clinton the leading Democrat.
In a mea culpa delivered Sunday on “This Week,” Stephanopoulos, who was also a top aide in President Bill Clinton’s White House, said the gifts “were a matter of public record, but I should have made additional disclosures on air when we covered the foundation.”
It was his second on-air apology in less than a week.
Sources have said ABC News execs were blindsided by Stephanopoulos’ largesse, and one TV insider noted Monday that “ABC really has all their money on Stephanopoulos.”
“ABC was desperate to lock him down after Josh Elliott left,” the source said.
“But network execs didn’t announce the figure because they didn’t want George to get the kind of backlash that Matt Lauer got over his huge NBC contract,” which pays him $20 million a year to host the “Today” show.
“If [Stephanopoulos] stumbles, so does the network,” the source added.
When Stephanopoulos signed his contract extension in April 2014, an ABC spokesman said, “George is vital to the success of the news division and will continue to be a leader here at ABC News. We expect him to remain with us for many, many years.”
Republicans have already said that Stephanopoulos’ donations disqualified him from moderating a GOP primary debate, and a spokesman for one candidate, US Sen. Rand Paul (R-Ky.), went even further on Monday.
http://pagesix.com/2015/05/18/george-stephanopoulos-future-and-105m-contract-in-danger/
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