There have been rumors circulating in the media that Howard Stern may be leaving SiriusXM when his contract expires at the end of the year.
Stern might be fired because of them, which were stoked by a U.S. story that quoted an anonymous insider. Additionally, SiriusXM and Stern have not made any official statements, so it’s likely that there was a major misunderstanding.
However, since the 71-year-old has openly toyed with it over the past few years, it wouldn’t be strange to see Stern leave even if SiriusXM wanted to bring him back. And since Stern has accumulated a sizable fortune over the last 20 years with SiriusXM, it would be difficult to blame him if he did leave.
Sternto is worth an astounding $650 million, according to CelebrityNetWorth.com. Additionally, according to the reference, he has made over $1 billion in his time with SiriusXM alone. According to the website, Stern has received $120 million annually for the last five years from his current contract, which is about to expire. However, the website said that the figure is rather misleading because it asserts that Stern covers both production expenses and the salaries of his cast members, including Robin Quivers and Gary Dell-Abate.
Nevertheless, the website calculated that, after all expenses, Stern probably earns about $90 million annually before taxes and agent fees. According to the website, he probably makes about $40 million after taxes and agent fees.
In light of this, the estimated net worth of $650 million does not seem like a significant amount.
According to a Sunday story in the U.S. Sun, Stern’s two-decade tenure with SiriusXM is anticipated to end when his contract ends at the end of the year. According to the source, SiriusXM would try to negotiate a contract with Stern for his catalog rather than bringing him back.
SiriusXM does plan to give Stern a new contract at the end of the year, but it does not expect him to accept it, according to an unnamed insider quoted by The Sun.
According to the Sun, the anonymous source claimed that Sirius and Stern would never meet over the money he would demand. The investment is no longer worthwhile.
