Regis Philbin decided it was time to leave Live With Regis And Kelly after he was told he would be receiving a paycut due to poor ratings on his former hit morning show.
Currently Regis Philbin rakes in upwards of $18 to $20 million per year, however after talking to ABC executives his now fired agent Jim Griffin told Regin that they couldn’t come to a deal that would secure the same amount of money.
Regis is believed to have told co-host Kelly Ripa about his decision just 15 minutes before going on the air to announce that he would be leaving ABC.
Apparently Ripa was furious over Regis’ decision to tell her just 15 minutes before showtime because “She felt it showed a total lack of respect for her.”
Griffin is rumored to have been fired because Regis believes he didn’t handle the deal effectively, while the cast of the show is pissed at Regis for blindsiding them.
Serious Regis? You make millions of dollars to babble like an idiot during the morning hours and you weren’t happy you wouldn’t make the same $20 million to do that? Pathetic.