Conan O'Brien and NBC to reach settlement deal tonight

Late Night Talk Show Host Conan O'Brien and NBC are close to a settlement deal that would net Conan O'Brien with $8.1 million for his staff, a full $600,000 over the original deal.

According to TMZ.com, NBC will pay $7.5 million to his staff, and while his executive producer will make $4.5 million, it's in addition to the $7.5 million to staff as a whole.

NBC thinks they will make money if Conan walks and Jay Leno takes his spot on The Tonight Show. The reason for this is Jay Leno makes $45 million while Conan would lose $5 million.

Meanwhile, all signs point to a Friday farewell for Conan, according to Forbes, which reports Conan saying:

"Hi, I'm Conan O'Brien, and I'm just three days away from the biggest drinking binge in history."

Stay tuned.