After weeks of debate, NBC's Tonight Show host Conan O'Brien is leaving the show.
Network spokesperson Allison Gollust confirmed the deal early Thursday, but didn't offer any other details.
NBC says it reached a deal allowing Jay Leno to return to the late-night program he hosted for 17 years. The deal is worth a reported $44 million.
The Wall Street Journal reports the network agreed to pay O'Brien $32 million and his staff $12 million in severance.
The announcement comes seven months after O'Brien took the reins from Leno.