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Kyle Sandilands has over $12 million in the bank, thanks to settling his lawsuit with his former employer, ARN, in June.
And the shock jock is happy to splash his cash to sign another controversial star to his new, subscription-only Kyle Sandilands Live radio network.
Sandilands, 55, confirmed on Thursday that he has made a multi-million dollar offer to former Today show host, Karl Stefanovic, 52.
Stefanovic has been hosting his own YouTube podcast, The Karl Stefanovic Show, after he was dropped by Nine following a controversial interview with far-right pundit Tommy Robinson in June.
The television star has mysteriously been missing from the show for the past two weeks, and in the interim, Sandilands has offered him a job.
'I have said I'd like Karl to come join this platform and do the afternoon drive show,' Sandilands told news.com.au on Thursday.
Kyle Sandilands (left) has made a $2 million offer to Karl Stefanovic (right)
'I said if I give you two million dollars, would you do Monday-Friday drive?' he continued.
'He said, "I'll f**king sign that right now," but I didn't even have a pen… and it's just an idea at the time.'
Sandilands further explained that Stefanovic explained that his absence from The Karl Stefanovic Show was due to being 'on holiday with his wife'.
The radio star has full confidence that Stefanovic is making smart moves behind the scenes, despite his vanishing from the show raising eyebrows among his fans and in the industry at large.
'Karl is very clever. He hasn't lasted this long … he is like a cockroach. Through all the implosion of Nine and all that stuff,' Sandilands said.
'He knows what he is doing.'
Mystery has surrounded Stefanovic's podcast, after he failed to release any new episodes in the past two weeks, following the end of his deal with his main advertising sponsor.
The TV presenter seems to have vanished, with his last video for The Karl Stefanovic Show uploaded on August 24.
'I said if I give you two million dollars, would you do Monday-Friday drive?' Kyle said
Fans have since flocked to the show's social media accounts asking, 'Where's Karl?', as the official Facebook page for his podcast appears to have been deactivated.
'When is your next interview going online? Missing the podcast!' one person asked.
'Where's the podcast gone?!' added another, while a third commented: 'Why are there no new episodes? Hope things are OK Karl.'
'I'm a bit concerned Karl. You haven't posted in two weeks and your Facebook page has disappeared,' someone else noted.
'Karl, where are you? Worried,' one user added.
Another asked where Karl's interview with billionaire businessman Adrian Portelli was.
'I am addicted to Karl's podcast. Does anyone know what's going on? Where is his interview with Adrian Portelli?'
Adrian shared an image with Karl in his podcast studio on July 24, sharing a sneak peek at an episode they filmed together.
Mystery has surrounded Stefanovic's podcast, after he failed to release any new episodes in the past two weeks, following the end of his deal with his main advertising sponsor
However, the podcast episode has yet to be uploaded online.
According to the Sydney Morning Herald, Karl's main sponsorship deal with clothing brand Ringers Western recently ended, as the company chose not to renew the agreement.
Karl has also not shared anything to his personal social media accounts in more than a week, with his last post published on August 29.
He could be seen enjoying the fresh morning air at Mandolé Orchard in Griffith.
However, he has appeared on his wife Jasmine's account, with the couple appearing to enjoy a group outing with friends at Moraea Farm in Berry, NSW.
Jasmine, 42, shared images of the outing on Instagram last Thursday, writing: 'Very merry in Berry.'
Meanwhile, Karl's business partner Keshnee Kemp has also not addressed The Karl Stefanovic Show's absence, despite posting regularly online in the past few weeks.
The Daily Mail has reached out to Karl and Keshnee for comment.
English (US) ·