Former Fox News host Bill O'Reilly will get "tens of millions" from the news network for ending his contract, CNN has reported.

Axar.az reports that O’Reilly, the powerful host at Fox News for a couple of decades, has been forced out of his prime-time position amid a series of sexual harassment allegations against him.

21st Century Fox, the parent company of Fox News, announced on Wednesday that O’Reilly will not be returning to his position as host of the “The O’Reilly Factor.”

The decision to force out the 67-year-old former cable news king came after more than 90 advertisers abandoned his highly rated program amid a barrage of sexual harassment allegations.

The advertisers fled after the New York Times reported earlier this month that five women were paid $13 million by O'Reilly or Fox to settle sexual harassment suits.