The radio presenter, 52, made the admission on Tuesday morning in an interview with Aussie musician Dean Lewis.
Kyle was complaining about how much time TV work takes up, with the singer asking him how much he was paid for the singing competition.
"Listen, it's clearly over a million dollars for three months work, you'd be a fool not to do it," Kyle admitted, adding he wasn't sure if he should have shared that number so publicly. "I don't know how much they're paying the others so maybe I shouldn't have said it."
"That is a lot of money, that's actually epic," Dean responded.
Kyle and Jackie O's $200m payday
It comes after reports Kyle and his radio co-host Jackie 'O' Henderson have secured themselves a $200 million deal to continue hosting their KIIS FM breakfast show for another 10 years. The new deal would see the pair's annual salaries increase from $5 million to $10 million until 2034. It would also be the biggest deal in the history of Australian media.
According to the Financial Review, the presenters will also now take on the Melbourne market for the first time ever – with The Kyle & Jackie O Show set to syndicate there as early as next year, seemingly replacing the current breakfast show Jase & Lauren on KIIS 101.1.
Yahoo Lifestyle understands that Kyle and Jackie O's contract negotiations this year have “unsettled” Dave Hughes, Ed Kavalee and Erin Molan, who have a rival Sydney breakfast radio show on 2Day FM with Southern Cross Austereo (SCA).
In July, it was reported by Mumbrella that SCA had been “in talks” with Kyle and Jackie O and “pretty aggressive” in trying to bring them back to 2Day FM – the station the pair left in 2013.
It appears this has left a sour taste in Hughesy, Ed and Erin's mouths, with a source at 2Day FM saying the reports “unsettled” the talent and several staffers who feared for their jobs. Hughesy, Ed and Erin were noticeably absent from the Australian Radio Awards in Sydney on Saturday night.
Kyle and Jackie O are expected to formally announce their new deal in the coming weeks. Their current contract expires at the end of 2024, however, it’s reported that they could begin broadcasting in Melbourne early next year.
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