Well, it looks like the deal is done, according to Variety.
Here's the basics:
$45 mil exit deal- O'Brien will get more than $33 million. The rest will go to his staff in severance.
O'Brien is set to host two more editions of the "Tonight Show," concluding his run this Friday, with a show that will feature Tom Hanks, Will Ferrell and Neil Young.
After that, "Tonight" was already set to go on hiatus next week. As now planned, NBC will run repeat episodes until Feb. 11, when it's pre-empted for the Olympics.
Leno will host his final episode of the doomed primetime strip "The Jay Leno Show" on Friday. Feb. 11. After a break for NBC's coverage of the Winter Olympics, Leno returns to the 11:35 slot -- and "The Tonight Show with Jay Leno" makes its return -- on Monday, March 1.
O'Brien will also now have the opportunity to launch a new late-night program by September, when a short non-compete window expires.
The whole scoop can be found at Variety.http://www.variety.com/article/VR111801 ... =3875&cs=1