CNBC’s Dennis Kneale, who was pulled off of the network’s mid-day show “Power Lunch” in June, may be set to leave the network, according to Daily Finance’s Jeff Bercovici.
Bercovici cites sources as saying that Kneale’s contract, estimated to be worth around $500,000 a year, will not be renewed, but “there’s an outside shot that he could still work out a deal,” provided he accepts a lower salary.
A CNBC spokesman tells TVNewser that “Dennis is currently under contract and I won’t comment on the contract status beyond that.”
Kneale joined CNBC from Forbes in October, 2007.
Kneale has been a regular on this blog for some of the fights he has picked, such as his July, 2009 showdown against The Internet and bloggers. Then there was this March, 2008 exchange he had with his then CNBC colleague Charlie Gasparino.