“CBS and I are not getting divorced, we are ‘consciously uncoupling,’ but we will still spend holidays together and share custody of the fake horse and robot skeleton, both of whom we love very much,” Ferguson told his studio audience.
Ferguson has been the show’s host since succeeding Craig Kilborn in January 2005, with his contract set to expire later this year.
After CBS announced Stephen Colbert as the replacement for David Letterman, contractual details of Ferguson’s clause to net a ‘pot of cash’ should the network look elsewhere, became public.
But Ferguson had also congratulated Colbert on the appointment both through social media and on his show.
Ferguson airs in Australia on ELEVEN.