Radio star Ray Hadley signs a dazzling $ 24 MILLION deal to stay on-air – after his bosses agreed to the pay raise when they thought Alan Jones would stop
- Ray Hadley's contract rose from $ 2.3 million a year to $ 4 million on July 1
- The pay rise came together last year with a secret meeting with Macquarie Media bosses
- They tried to replace Alan Jones in the top 2GB breakfast slot
- Plans to take Jones out of the guess allegedly fell apart during Nine & # 39; s acquisition
Radio star Ray Hadley has signed a stunning $ 24 million deal to stay on-air after speculation that he would replace Alan Jones in the top 2GB breakfast slot.
The Hadley contract will rise from $ 2.3 million a year to $ 4 million on July 1, according to radio sources.
The pay rise took place during a secret meeting with the bosses of Macquarie Media last year, where they talked about Jones' resignation from his slot to promote Hadley.
The salary increase has yet to be confirmed by Hadley or Macquarie CEO Adam Lang, who has not responded to calls from News Corp..
Radio star Ray Hadley (photo) has signed a dazzling deal of $ 24 million to stay on-air, says radio sources
Hadley is now expected to earn the same as Jones, but his new deal lasts four years longer.
The new contract runs until 2025, while Jones expires in 2021.
Plans to break down Jones allegedly fell apart during Nine & # 39; s acquisition of a stake in Macquarie Media, while Nine fought to keep Jones in the air during breakfast.
Steve Price, who is set for a new 2 GB afternoon guest, will also see more money after the failed promotion plans.
Hadley and Price will have to wait for Jones's $ 8 million contract to expire in two years for the promotions reportedly promised.
It is clear that the largest shareholder of 2GB encourages Nine financial restraint over the radio network.
Nine are also encouraging bosses to look for an opportunity where an established female presenter can earn a slot on the radio station.
Plans to drop Jones (photo) allegedly fell apart during Nine & # 39; s acquisition of a stake in Macquarie Media, while Nine fought to keep Jones in the air for breakfast
. (TagsToTranslate) Dailymail (t) news