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Regis Philbin

Quit Over Pay Cut

1/22/2011 11:00 AM PST BY TMZ STAFF

Regis Philbin quit his show after execs told his agent they would cut his salary when his current contract expired ... sources tell TMZ. 

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Sources connected with the show tell TMZ ... Regis' agent, Jim Griffin, was talking with execs from the ABC station group about a new contract for Regis when his current deal expired.  We're told the honchos made it clear ... Regis would be getting a pay cut, partly because the show is not performing as well as in the past ... and partly because he takes a lot of time off.

Sources say Reeg is currently pulling in between $18 and $20 million a year.

Regis, we're told, was angry at the offer and that was the trigger for his announcement this week that he's leaving the show.

TMZ first reported ... Regis told Kelly Ripa about his decision 15 minutes before they went on the air.  Initially we were told she was stunned but not angry.  Now we've learned she was furious -- partly because, as one source says, "She felt it showed a total lack of respect for her."

We're told the entire production team is angry at Regis because they feel he hurt the show by blindsiding everyone.

As for Regis' agent, Jim Griffin, Reeg fired him.  We're told Regis feels Griffin did not negotiate the upcoming deal effectively.

355 COMMENTS

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76.

Sandra     

Time for Regis to go and I suggest he was overpaid !! He had become very boring with all his pathetic stories !!!

1373 days ago
77.

Meliora    

Don't know why Kelly was surprised, I read about in back in December in "The Globe" tabloid.

1373 days ago
78.

terri    

wow he wasn't happy with a pay cut, he was way overpaid as it was. He should kiss the ground he ever got that much to begin with. He seems like an egomaniac and should have let Kelly know about his decision a lot sooner, it affects her too.

1373 days ago
79.

Bec215    

FINALLY! He's boring, and a bit creepy. She's a skeletally-thin bobble-head with average skills. One of the oddest couples on TV, and a waste of air time. I just hope the whole show goes down. Sorry for the production crew, though.

1373 days ago
80.

erkg    

wonder if he did it thinking that people would be upset and they'd have to bring him back - I enjoy it more when the guest host is on.

1373 days ago
81.

Tony    

Silly old fart.

Lower ratings, and he takes too much time off but wants more money?

No brainer. Buh-Bye.

1373 days ago
82.

dd    

He does have heart problems, after decades of working u deserve time off.

1373 days ago
83.

dd    

@34 Midnight..GREAT POINT! He even still supports his old elemen. school that needs a the cash to survive.

1373 days ago
84.

aerialla    

I stopped watching once Kathy Lee left. She was annoying but at least she had more character than the bitch from hell. Regis is doing the smart thing. He's using the money as an excuse to save the little that's left of his sanity. Kelly has done nothing but treat him and every guest..including her husband like ****. Happy Retirement Reg! You deserve it man.

1373 days ago
85.

Hosezell Blash    

Regis, money is not all and this might not be the end of the rainbow. Go out with a happy heart and enjoy your future life.
Dr. Hosezell Blash.

1373 days ago
86.

Betty    

Wonder what his Mother would think of his greediness.That he would want to work 3 hours a week (when not on one of hs many vacations) for 21 nmillion a year. Now he can sit in his apartment and talk about himself in the third person~

1373 days ago
87.

tmz-ho    

How do we really know what happened? Unless you were in the room or a mouse in the corner, we will never know the truth. And even if someone here did post the truth, there's so much garbage floating around, how would we know? And how does this affect me? It doesn't. I just enjoy reading the silly posts.

1373 days ago
88.

sickofkelly    

Kelly is the most annoying, self-centered, anorexic woman on tv. Has anyone noticed the way she poses her arms during host chat, she moves them around and flexes her "muscles" (stick thin arms) as she looks ate herself in the monitors about every ten seconds. She has milked this whole "stress fracture" thing for so much attention... oh poor baby, that's what happens when you are mal-nutritioned due to excessive dieting and now look like Skeletor! She is so condescending to Regis and to their guests... she is probably the reason the ratings are down. She thinks she's a comedian, she's not. Kelly... STOP POSING, STOP LOOKING AT YOURSELF CONSTANTLY, and most importantly... EAT SOMETHING! Regis, you should have left her a long time ago! The show will fail miserably without Regis.

1373 days ago
89.

FLO    

ABC is disgustingly cheap and greedy to nickel and dime Regis when they are pulling in so much money from the advertisers !!!!

1373 days ago
90.

carol    

He should be ashamed. I read in the past he is really a cruel person - was for many years to his disabled son. Now to fire an Agent that has been with you for years over issues that are really is own fault and the greed he is exhibiting on top it - he should be ashamed, ashamed. Donald Trump - you can stick up for him all you want but you're wrong - he should be ashamed.

1372 days ago
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