Snoop Dogg has been serving as an NBC “special correspondent” at the Paris Olympics, and his alleged compensation package is making waves.
Newsweek reports that a well-known venture capitalist tweeted about what he heard Snoop was being paid. The amount has not been verified, but if true, Snoop is raking in a pretty penny from his contract with NBC.
Sports Coverage the Snoop Way
“[I] sat next to an NBC exec at dinner, he said Snoop gets paid $500k a day plus expenses to be here promoting Olympics. From ‘Gin and Juice’ to a few million to be a celebrity at the Olympics – what a world,” VC Henry L. McNamara tweeted.
McNamara, an alum of the Forbes 30 Under 30 list for the 2020 VC category, is based in New York City as a partner of the Great Oaks Venture Capital firm, according to his LinkedIn page.
According to Salary.com, the average salary for a reporter at NBC Olympics in the United States “is between $40,497 and $64,768, with an average salary of $49,992.” Add in Snoop’s celeb status and the international destination, his pay scale is most likely a lot higher. But up to $500,000 a day? Neither Snoop nor NBC have either confirmed or denied the alleged payday. In any case, he is adding to his wealth, which according to Newsweek is estimated to be $160 million.
Snoop Dogg was hired following previous successful engagement during the Tokyo Olympics.
NBC’s executive producer, Molly Solomon, said that Snoop became a fan favorite while providing commentary alongside Kevin Hart for the Peacock show “Olympic Highlights.”
“His general love of the Olympics and respect for the athletes has been shining bright for months,” Solomon said at a press conference in February announcing the partnership with Snoop for the Paris Olympics.
The New York Post also reported the alleged deal for Snoop Dogg, noting that his role as a correspondent for NBC and its streaming service, Peacock, more than 16 days of competition would net him $8 million.
Serving as a torchbearer, he carried the Olympic flame through the streets of Saint-Denis, a suburb north of Paris, on July 26. His role as a correspondent kicked off on August 5 when he performed during “A Celebration of Olympic Basketball” presented by NBC Universal and the NBA at Team USA House in Paris. The games run through Aug. 11.
