Sources Suggest That Bobby Flay Was Eyeing For A $100M Contract To Remain With Food Network

It seems Bobby Flay wanted everything but the kitchen sink. Flay, 56, asked for a hefty payday to stay with Food Network before officially parting with the culinary company, People reported.

The celebrity chef announced on Oct. 7 that he would be parting ways with Food Network after 27 years.

Flay’s exit from the network ended over money and he was in negotiations to strike a deal that would earn him a multimillion-dollar contract.

“Bobby wanted a contract in the ballpark of $100 million,” the source told People. The “Beat Bobby Flay” star was looking for a contract that would rival fellow Food Network star Guy Fieri’s $80 million deal.

The insider revealed that comparing the two’s contracts is “not apples to apples.”

“Guy has a three-year deal,” the insider continued. “The terms of what Bobby was looking for were gravely different than just cash. The terms were longer, the scope of work was different and thus the dollars were different. It’s not just $80 million to $100 million.”

In the end, the Discovery-owned network couldn’t reach an agreement with Flay. “The two sides were just way too far apart. It became clear the two could not and would not be able to come to terms and so the network decided to move forward without him,” the source told People. “Regardless, it was really much more amicable than you’d think. It was strictly business.”

Food Network’s parent company Discovery declined to comment to The Post. Reps for Flay did not respond to comment.

Flays was whipping up a new contract as the end of his current three-year contract ended before he cut ties with them. However, those negotiations were shot down amid chatter that both sides were “far apart on financial terms.”

A source close to the hindered deal previously confirmed to The Post last week that Discovery “cut off talks” with the cookbook author.


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