Ryan Seacrest was approached by ABC to return as host of American Idol when the decision was made to return this tv show to the air. The negotiations between him and ABC were said to be pretty fraught. ABC started out with a lowball offer to him which was rejected. It was only at the last minute that the two sides agreed to an eight-figure deal. He said that he had just about walked away from returning to American Idol especially as he had already taken on the duties of co-hosting a morning show with Kelly Ripa.
He had been the host on American Idol for 15 seasons. It was canceled in April 2016 by Fox. A number of stations wanted to return it to the air and a bidding war was launched. As it turned out ABC won the bidding war, which is the same tv network that Ryan Seacrest now does his morning show on. Just days before ABC won the rights to American Idol they had signed the deal with him for him to do “Live With Kelly and Ryan” each weekday morning.
According to nytimes.com, between the time American Idol had been canceled and the time he started the morning show, 13 months in length, Ryan Seacrest had been contemplating what to do with his career. It seemed like he would return to this show no matter what, with the show’s creator, Simon Fuller, calling him the most important part of it. They started out offering him $10 million which was $5 million less than he had been earning when American Idol was at its height.
It was leaked they were paying $25 million to Katy Perry to be a judge on the return of the show, an amount that meant they had to make cuts elsewhere. They decided to offer Ryan Seacrest half of what they had been offering at first. After this low-ball offer Ryan Seacrest’s team took his name out of consideration. As it turns out ABC’s executive team wasn’t made aware of what was going on with the negotiations and how his offer had been gutted. Once they found out they made it right and Ryan Seacrest (@RyanSeacrest) returned to the show.
Checkout Ryan’s latest radio show: https://www.youtube.com/channel/UCl4h_3qTOIUnUX8KCICRM3A