CBS Staff Is Reportedly Worried the Network Can’t Afford to Keep Gayle King

Gayle King wants her coins — and the CBS staff is reportedly concerned the network doesn’t have enough money to keep her because her deal negotiations are taking a long time.

Gayle is working on a new deal to stay on “CBS This Morning.”

via Page Six:

As we revealed, she is in talks to double her current $5.5 million annual salary.

And while the contract was expected to be wrapped up earlier this month, it’s still not done. A high-level source told Page Six: “It’s not like CBS News can all of a sudden find ABC or NBC money — it has to come from somewhere.”

It’s been suggested that Susan Zirinsky, the new CBS News president, has been given an extra pot of cash to spend on talent.

But, our source added: “There’s not that much!”

Despite this, we’re reliably informed that the contract is in the hands of lawyers.

Another CBS News source said: “The big priority is keeping Gayle. The only thing that would really hurt CBS News at the moment is losing her.”

So much so, we’re told, that bigwigs are set to keep Jeff Glor on the network’s “Evening News” broadcast — even though King’s ­co-host Norah O’Donnell has been rumored to be taking the anchor role with the newscast potentially moving to Washington, DC.


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