
HAT TIP: MSNBC
According to Fortune.com, Imus has hired Martin Garbus, a New York-based First Amendment attorney. The report says that Imus’ five-year contract, which was signed in 2006, paid him $10 million per year. A source told Fortune.com that Imus’ lawsuit will be based on language in the contract that encouraged the radio host to be confrontational and irreverent on the air. The source said Imus’ contract stipulates that the host must receive a warning before being fired.
CBS and Imus both declined to be interviewed by Fortune.com.