Disgraced NBC anchor seeks $30 million following shock dismissal

Yesterday, Matt Lauer issued an apology for the devastating impact his sexual misconduct has had on his victims, and those closest to him.

Today, Matt Lauer is reportedly seeking a $30 million pay-out from the network who dismissed him this week.

According to reports emerging from the States, attorneys for the disgraced news anchor are currently examining his contract, and attempting to establish whether the former NBC host is entitled to a substantial settlement in the wake of his dismissal.

As Lauer's contract runs through until 2018, this could mean he may potentially benefit from a financial pay-out.

However, reports suggest that due to a morality clause which is often included in broadcast contracts, the former Today host may not be entitled to anything.

Commenting on the reports, an industry insider insisted: "There is no way Matt is getting paid."

"There has been an irrevocable breach of Matt’s contract, there is a moral clause that says if he brings the company into disrepute – which he clearly has – NBC can terminate his employment immediately without pay and they do not have to pay out his contract.”

The 59-year-old has yet to comment on the latest reports.