“Chelsea Clinton earned an annual salary of $600,000 at NBC News before switching to a month-to-month contract earlier this year, sources with knowledge of the agreement told POLITICO.

Clinton, who joined NBC News as a special correspondent in November 2011, was up for renewal or nonrenewal this year. Instead, the sources said, the network decided to keep her on the payroll on a month-to-month basis so the two parties could sever ties if Clinton’s mother, Hillary Clinton, runs for president.

Kamyl Bazbaz, a spokesperson for the 34-year-old Clinton, referred POLITICO to NBC News, which declined to discuss Clinton’s contract. “We don’t comment on details of existing contracts,” a network spokesperson said. “NBC News continues to enjoy a wonderful working relationship with Chelsea, and we are proud of her work.””* Cenk Uygur, Ben Mankiewicz (Turner Classic Movies), John Iadarola (TYT University) and Richard Fowler (The Richard Fowler Show) break it down.

*Read more here from Dylan Byers & Maggie Haberman / Politico: http://www.politico.com/story/2014/06/chelsea-clinton-nbc-600-k-salary-107827.html