If you don’t know what is going on with NBC, Jay Leno, and Conan O’Brien, you might count your self a little lucky. It is better than any “reality” show out there but it is tedious because it seems to be about a spoiled millionaire, Jay Leno, for the most part who in effect changed his mind about retiring..
So how do I tie this in to the Late Night debacle? Jay seems to be returning to 11:35 and Conan was asked to be pushed to 12:05. Conan said no and that he respected the institution that is “The Tonight Show”. There was also a belief that NBC didn’t have the right to move him otherwise it was a breach of contract and he would still get 60 – 80 million dollars.
Now there are reports that he doesn’t have that 11:35 time guaranteed in his contract – and that might be costly. Who would have thought there would be a scenario that he needed to have that in a contract. When else has “The Tonight Show” aired without being bumped by sports or breaking news? I would have never expected they would bring Jay back to the time they forced him to leave.
Real estate is a little backwards but typically negotiations take place and then a contract is written. Contracts are to enforce what everyone wanted and agreed to do in the first place. So by leaving something out, just because it seems understood, it can bite you when someone gets desperate much like NBC is right now.
Do the drapes come with the house? How clean will the house be when possession occurs? Is there a walk through prior to close written in? If you want it, write it in.
And this is for all contracts. In my mind a contract is to enforce what everyone was thinking the day the contract was drafted. As time goes on view points change and people may become desperate it keeps everything in line. Protect yourself.
Just for fun: Jeff Zucker, NBC honcho, had Conan arrested in the 80’s and stared him in the face while it happened.
photo via I’m With Coco
Mike Rohrig, Broker
Beaverton Realtor
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