Sharon Osbourne quits ‘The Talk’ with payout of up to $10 million

Sharon Osbourne received a salary of up to eight figures from CBS as she left “The Talk” last week amid allegations of racist behavior, a source told Page Six.

“Sharon walks away with a minimum payout of $5-10 million and was able to make it look like it was her decision [to leave the show]“, said the source.

Another source said that under her severance deal, Osbourne was not only earning a lot of money, but was free to speak out.

“Sharon will speak when she’s ready,” the source said. “She always wants to tell her side of the story. She’s been on this show for 11 years and knows all the secrets.

CBS announced that Osbourne quit “The Talk” on Friday.

Sharon Osbourne
Sharon Osbourne walked away from ‘The Talk’ with a big payday.
CBS (composed page six)

The departure comes two weeks after she argued on air with her co-host Sheryl Underwood over Osbourne’s defense of her friend Piers Morgan, who was forced out of his own show in Britain for attacking Meghan Markle’s interview with Oprah Winfrey too strongly.

Page Six exclusively revealed last week that Osbourne had a lawyerand was represented by top entertainment attorney Jeremiah Reynolds — and that she “wasn’t going to go down without a fight… She knows where all the bodies are buried.”

The source said Osbourne’s attorneys negotiated a sweet statement about his departure from CBS that left the door open for him to pursue his television career on other networks.

“Sharon Osbourne has decided to leave ‘The Talk,'” the CBS statement read. “The events of the March 10 broadcast shocked everyone involved, including the audience watching at home.”

Piers Morgan and Sharon Osbourne on
Piers Morgan appeared on “The Talk” alongside Sharon Osbourne in April 2018.

Page Six exclusively reported that the internal investigation was launched when host Elaine Welteroth and her hairstylist complained about an alleged “racially insensitive and hostile environment” on the show after the March 10 airing.

After the heated on-air debate, Osbourne tweeted a lengthy apology in which she said she does not “tolerate racism, misogyny or bullying”.

“I should have been more specific about that in my tweet,” she continued, referencing her initial defense of Morgan online. “I will always support free speech, but now I see how, unwittingly, I didn’t make that clear distinction.”

Then a explosive report citing multiple sources, including former “The Talk” co-host Leah Remini, claimed that Osbourne used racial slurs when talking about others on the show.

It was alleged that she called Julie Chen, who is Chinese-American, a “wonton” and “slant-eyed” and former co-host Sara Gilbert, who is a lesbian, a “py licker”.

But Osbourne replied that the allegations were “shit, shit”.

“Everyone has an opinion or a story like the wonton story. It’s like getting the hell out of your fucking wonton story. Fuck you”, Osbourne said in an interview with the Daily Mail.

A CBS spokesperson said, “False, inaccurate or untrue. Take your pick.” A rep for Osbourne declined to comment.

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