Bobby Flay wanted staggering '$100M contract' to stay with Food Network - Daily Mail

Bobby Flay is getting out of the kitchen, at least at his longtime home at Food Network.

The 56-year-old celebrity chef reportedly wanted a staggering '$100million contract' to stay with the Food Network after his current three-year contract expires at the end of the year.

Big time: Bobby Flay reportedly wanted a staggering '$100million contract' to stay with the Food Network after his current three-year contract expires at the end of the year.

The superstar chef and the network are 'parting ways' after 27 years, a stint that turned Flay into a household name, according to Variety.

Despite Flay's WME representatives refusing to comment due to 'active negotiations,' a source close to Food Network told the outlet that a 'decision has been made to move on as the sides were far apart on financial terms.'.

New ventures: The superstar chef and the network are 'parting ways' after 27 years, a stint that turned Flay into a household name, according to Variety; seen in 2019.

Prior to the reported decision, Food Network and Bobby had 'been in negotiations on a new contract for some time,' with a source claiming that it was the Discovery-owned who 'ended the negotiations.'   

Despite Flay's WME representatives refusing to comment due to 'active negotiations,' a source close to Food Network told the outlet that a 'decision has been made to move on as the sides were far apart on financial terms'; Flay seen in 2009