I'm critical when adult businesses make bad decisions. Well CBS outdid them on this one.
1. Loss from Imus Program $20M ($100M over five years)
2. Loss of critical lead in to WFAN sprts radio (battling competition from ESPN radio) $32.5M ($150M+ over five years)
3. This is my favorite part. I understand that Imus's contract did not contain a provision which would release CBS from paying his contract should he be fired. He is in a five year contract paying him $7M a year, so toss another $35M in the trash.