One of the notable conservative voices on cable news will be sticking around for a while. The New York Post’s Page Six reports that Larry Kudlow signed a new three-year deal with CNBC, opting not to run for the U.S. Senate in Connecticut.
“Kudlow announced Tuesday that he had decided against a bid to challenge Democratic incumbent Sen. Richard Blumenthal,” the story reports. “TV insiders say CNBC didn’t want to risk losing Kudlow in an election cycle, and responded by giving him a new contract and his own lunchtime ‘Kudlow Report’ slot.”
Financial terms weren’t reported, although it has been rumored that he was offered a salary in seven figures. But Kudlow told the publication it wasn’t about the money, saying: “I thought about how much being on CNBC and doing my radio show means to me, how much I enjoy it, and I didn’t want to give it up.”