year thats $16,666.66 a year for 8 years for those 3000 lay-ed off people.
"Conservative radio talk-show host Rush Limbaugh Wednesday inked an eight-year contract for around $400 million, underscoring how radio is spending big sums on bankable talent to compete in the crowded entertainment field.
Mr. Limbaugh's compensation of $38 million a year, plus a signing bonus of about $100 million is less in absolute terms than the five-year, $500 million contract Howard Stern cut in 2004 with Sirius Satellite Radio Inc. But Mr. Limbaugh's contract could net him more, as Mr. Stern must pay costs for his cast and production.
It's a big jump from Mr. Limbaugh's last contract, which at $285 million was a record for a radio personality when he signed it in 2001. Since then, the weekly audience for his three-hour midday show has held steady at about 20 million listeners, according to his syndicator, Clear Channel Communications Inc.'s Premiere Radio Networks. But advertisers are increasingly anxious to reach that audience..."
http://online dot wsj dot com/article/SB121504302144124805.html