The star chefs three-year contract is set to end at the end of this year, and per People publication, the split comes down to Flay, 56, and the cable networks numbers not being close. According to the outlet, the offer Flay was looking for would have eclipsed “Diners, Drive-Ins and Dives” host Guy Fieris $80 million offer that he supposedly signed in May.
A source near Flay told the publication that the character simply wants what he believes hes worth.
” Bobby desired an agreement in the ballpark of $100 million,” the source stated. “The 2 sides were simply way too far apart. It became clear the 2 might not and would not be able to pertain to terms and so the network chose to move forward without him. Regardless, it was truly much more friendly than you d think. It was strictly business.”.
Bobby Flay and the Food Network seem separating over cash after 27 years, according to a new report..
On the other hand, a source connected to the Food Network briefly broke down the economics of Fieris offer versus the one Flay apparently was negotiating, telling People magazine that the two contracts arent “apples to apples.”.
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” Guy has a three-year offer,” stated the expert. “The terms of what Bobby was trying to find were seriously different than simply money. The terms were longer, the scope of work was various and hence the dollars were various. Its not just $80 million to $100 million.”.
Flay debuted on the Food Network in 1994. His programs include “Boy Meets Grill,” “Beat Bobby Flay,” “Food Network Star, Throwdown! with Bobby Flay,” “Brunch @ Bobbys” and “Iron Chef America.”.
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Reps for Flay and the Food Network did not right away react to FOX Business ask for comment.
” Bobby desired a contract in the ballpark of $100 million,” the source said. It became clear the two might not and would not be able to come to terms and so the network decided to move forward without him. Flay debuted on the Food Network in 1994. His programs consist of “Boy Meets Grill,” “Beat Bobby Flay,” “Food Network Star, Throwdown!
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Chef Bobby Flay is reportedly leaving The Food Netrwork after 27 years after the two sides failed to reach a contract on a brand-new contract. (Photo by Gabe Ginsberg/ Getty Images).
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