Redding Resident Larry Kudlow Signs New CNBC Deal

CNBC television host Larry Kudlow has signed a new extension with the network, a move that likely led to his decision not to run against incumbent United States Sen. Richard Blumenthal of Greenwich.

The New York Post’s Page Six reports that Kudlow signed a three-year deal for a rumored seven figures. Kudlow, a resident of Redding, announced on-air Tuesday that he would not run against Blumenthal.

“In my heart, I just wanted to stay with it,” Kudlow told Page Six. “CNBC is giving me extended coverage and a broader mandate. They want me to cover the election and have a larger presence. I have a new contract, but the money side didn’t change.”

Click here to read the full story on the New York Post’s Page Six website.