Chelsea Clinton, 34, the daughter of former President Bill Clinton and former senator and secretary of state Hillary Clinton works for NBC News. On Thursday, it has been learned by Politico that the former first daughter earned an annual salary of $600,000 at NBC News prior to being altered over to a month-to-month contract. The change over to a month-to-month salary occurred earlier this year.
The reason that NBC News and Chelsea, a special correspondent since November of 2011, switched the deal in November of last year before renewing her contract was political and involved her mother, Hillary. Reportedly, the network wanted to keep her on the payroll, month-to-month, so that it and Chelsea could break things off if Hillary Clinton should run for president. Yet, NBC News refused to officially comment on Chelsea’s past paychecks.
A spokesperson for Chelsea would only refer questions about the past pay to NBC News. In turn, NBC News refuse to talk. According to an NBC News spokesperson, the network does not comment on details of existing contracts. All it would say was that the network continues to enjoy a wonderful working relationship with Chelsea. For good measure, it said that they are proud of her work.
Chelsea did work on feature assignments of the now defunct “Rock Center with Brian Williams.” The show in which she was a special correspondent got cancelled a year ago. Since then, Chelsea has done work for NBC News that has been aired on the NBC Nightly News.
Prior to the new headlines about her excessive pay at NBC News, the media strongly criticized NBC News for hiring the former first daughter. The criticism included the fact that Chelsea has had no journalism experience. As the New York Post stated in its opinion of the hiring, Chelsea was just another spoiled, aimless child of rich, successful parents making good on the parents’ success.
Business Insider even crunched the numbers and came up with the headline that asserts that it appears as though Chelsea made $26,724 for each minute she appeared on NBC. Back in the day when her father was president, presidents made $200,000 annually. That means her father ran the country for three years to earn what she did in one year at NBC News.