Bidding war for Megyn Kelly takes a surprising turn amid news of major salary ask

Before you go, we thought you'd like these...
Before you go close icon

One of Fox News' biggest stars, Megyn Kelly, might have just received a pretty sweet contract renewal offer.

"The Kelly File" star's current contract is set to expire in July, and she's reportedly asked Fox News for an average annual salary of more than $20 million for her next contract.

SEE MORE: How A Fake News Story About Megyn Kelly Wound Up Trending On Facebook

The Wall Street Journal reported that's about what Bill O'Reilly earns. His Fox News show, "The O'Reilly Factor," is the most-watched show on the network, while Kelly's show is the second-most watched.

And it appears Fox News is willing to pay up the big bucks, because Vanity Fair says the network has agreed to Kelly's request.

See photos of Megyn Kelly through the years:

35 PHOTOS
Megyn Kelly through the years
See Gallery
Megyn Kelly through the years
Fox News host Megyn Kelly greets the crowd before interviewing Republican presidential candidate Texas Sen. Ted Cruz on Tuesday, March 8, 2016, at Calvary Baptist Church in Raleigh, N.C. (Travis Long/Raleigh News & Observer/TNS via Getty Images)
WATCH WHAT HAPPENS LIVE -- Pictured: Megyn Kelly -- (Photo by: Charles Sykes/Bravo/NBCU Photo Bank via Getty Images)
NEW YORK, NY - MAY 24: Megyn Kelly (C), Darth Vader and Stormtroopers from the 501st Legion attend New York Philharmonic's Spring Gala, A John Williams Celebration at David Geffen Hall on May 24, 2016 in New York City. (Photo by Kevin Mazur/Getty Images for New York Philharmonic)
LOUISVILLE, KY - MAY 07: Fox News reporter Megyn Kelly attends the 142nd Kentucky Derby at Churchill Downs on May 07, 2016 in Louisville, Kentucky. (Photo by Joey Foley/FilmMagic)
THE TONIGHT SHOW STARRING JIMMY FALLON -- Episode 0470 -- Pictured: Journalist Megyn Kelly during an interview on May 12, 2016 -- (Photo by: Andrew Lipovsky/NBC/NBCU Photo Bank via Getty Images)
NEW YORK, NY - MAY 02: Megyn Kelly attends the 'Manus x Machina: Fashion In An Age Of Technology' Costume Institute Gala at Metropolitan Museum of Art on May 2, 2016 in New York City. (Photo by Larry Busacca/Getty Images)
WASHINGTON, DC - APRIL 30: Douglas Brunt and Megyn Kelly attend the 102nd White House Correspondents' Association Dinner on April 30, 2016 in Washington, DC. (Photo by Paul Morigi/WireImage)
MEGYN KELLY presents: Megyn Kelly (R) and Donald Trump (L) during the FOX special 'MEGYN KELLY presents' airing Tuesday, May 17 (8:00-9:01 PM ET/PT) on FOX. (Photo by Eric Liebowitz/FOX via Getty Images)
MEGYN KELLY presents: Megyn Kelly (R) interviews Michael Douglas (L) during the FOX Special MEGYN KELLY presents airing Tuesday, May 17 (8:00-9:01 PM ET/PT) on FOX. (Photo by Eric Liebowitz/FOX via Getty Images)
NEW YORK, NEW YORK - APRIL 08: Journalist Megyn Kelly attends Variety's Power Of Women: New York 2016 at Cipriani Midtown on April 8, 2016 in New York City. (Photo by Monica Schipper/FilmMagic)
NEW YORK, NEW YORK - APRIL 06: Megyn Kelly attends the 7th Annual Women in the World Summit Opening Night at David H. Koch Theater at Lincoln Center on April 6, 2016 in New York City. (Photo by Laura Cavanaugh/FilmMagic)
Fox News host Megyn Kelly interviews Republican presidential candidate, Sen. Marco Rubio, R-Fla., in Hialeah, Fla., Wednesday, March 9, 2016. (AP Photo/Paul Sancya)
Fox News anchor Megyn Kelly waits to begin the Republican presidential candidate debate at the Iowa Events Center in Des Moines, Iowa, U.S., on Thursday, Jan. 28, 2016. Candidates from both parties are crisscrossing Iowa, an agricultural state of about 3 million people in the U.S. heartland that will hold the first votes of the 2016 election on Feb. 1. Photographer: Andrew Harrer/Bloomberg via Getty Images
DES MOINES, IA - JANUARY 28: Moderators Chris Wallace (L) pats on the shoulder of Megyn Kelly (2nd L) as they wait with Bret Baier (R) for the beginning of the Fox News - Google GOP Debate January 28, 2016 at the Iowa Events Center in Des Moines, Iowa. Residents of Iowa will vote for the Republican nominee at the caucuses on February 1. Donald Trump, who is leading most polls in the state, decided not to participate in the debate. (Photo by Alex Wong/Getty Images)
In this Thursday, Aug. 6, 2015 photo, Fox News moderators Megyn Kelly, right, listens as Chris Wallace, begins introductions during the first Republican presidential debate at the Quicken Loans Arena, in Cleveland. Angry over what he considered unfair treatment at the debate, republican presidential candidate Donald Trump told CNN on Friday night that Kelly had "blood coming out of her eyes, blood coming out of her wherever." (AP Photo/John Minchillo)
Megyn Kelly arrives at the Vanity Fair Oscar Party on Sunday, Feb. 28, 2016, in Beverly Hills, Calif. (Photo by Evan Agostini/Invision/AP)
GOOD MORNING AMERICA - Megyn Kelly appears on ABCs 'Good Morning America,' Friday, February 5, 2016. 'Good Morning America' airs Monday Friday (7-9am, ET) on the ABC Television Network. (Lorenzo Bevilaqua/ABC via Getty Images) MEGYN KELLY
THE TONIGHT SHOW STARRING JIMMY FALLON -- Episode 0411 -- Pictured: (l-r) Journalist Megyn Kelly during an interview with host Jimmy Fallon on February 4, 2016 -- (Photo by: Andrew Lipovsky/NBC/NBCU Photo Bank via Getty Images)
GOOD MORNING AMERICA - Megyn Kelly appears on ABCs 'Good Morning America,' Friday, February 5, 2016. 'Good Morning America' airs Monday Friday (7-9am, ET) on the ABC Television Network. (Lorenzo Bevilaqua/ABC via Getty Images) MEGYN KELLY
WASHINGTON, DC - OCTOBER 13: News anchor Megyn Kelly speaks onstage during Fortune's Most Powerful Women Summit - Day 2 at the Mandarin Oriental Hotel on October 13, 2015 in Washington, DC. (Photo by Paul Morigi/Getty Images for Fortune/Time Inc)
Megyn Kelly attends The 35 Most Powerful People in Media hosted by The Hollywood Reporter at The Four Seasons Restaurant on Wednesday, April 8, 2015, in New York. (Photo by Charles Sykes/Invision for The Hollywood Reporter/AP Images)
NEW YORK, NY - APRIL 21: TV personality Megyn Kelly attends the 2015 Time 100 Gala at Frederick P. Rose Hall, Jazz at Lincoln Center on April 21, 2015 in New York City. (Photo by Taylor Hill/Getty Images)
Co-host Megyn Kelly attends 24th Annual Broadcasting and Cable Hall of Fame Awards at the Waldorf-Astoria on Monday, Oct. 20, 2014 in New York. (Photo by Evan Agostini/Invision/AP)
NEW YORK, NY - APRIL 29: Megyn Kelly attends the 2014 Time 100 Gala at Frederick P. Rose Hall, Jazz at Lincoln Center on April 29, 2014 in New York City. (Photo by D Dipasupil/FilmMagic)
LATE NIGHT WITH SETH MEYERS -- Episode 080 -- Pictured: (l-r) Political commentator Megyn Kelly during an interview with host Seth Meyers on July 31, 2014 -- (Photo by: Lloyd Bishop/NBC/NBCU Photo Bank via Getty Images)
Sheryl Sandburg, chief operating officer of Facebook, responds to questions during a news interview with Megyn Kelly on the show, The Kelly File, in the FOX television studio Wednesday, April 9, 2014, in New York. (AP Photo/Frank Franklin II)
CORRECTS SPELLING TO SANDBERG NOT SANDBURG Sheryl Sandberg, chief operating officer of Facebook, right, smiles after a news interview with Megyn Kelly, left, on the show, The Kelly File, on the FOX News Channel, Wednesday, April 9, 2014, in New York. (AP Photo/Frank Franklin II)
NEW YORK, NY - APRIL 27: Megyn Kelly attends at the benefit concert for Army SPC Bryan Dilberain at the Brooklyn Center for the Performing Arts on April 27, 2012 in the Brooklyn borough of New York City. (Photo by Andy Kropa/Getty Images)
NEW YORK, NY - JUNE 19: Kid Rock with host Megyn Kelly visits FOX's 'America Live' at FOX Studios on June 19, 2013 in New York City. (Photo by Rob Kim/Getty Images)
Megyn Kelly, host of Fox News Channel's "The Kelly Files," rehearses for the debut of her new show, in New York, Friday, Oct. 4, 2013. Her program is the linchpin to the first overhaul of Fox's prime-time lineup since 2002, or about a century in television time. (AP Photo/Richard Drew)
Megyn Kelly, host of Fox News Channel's "The Kelly Files," rehearses for the debut of her new show, in New York, Friday, Oct. 4, 2013. Her program is the linchpin to the first overhaul of Fox's prime-time lineup since 2002, or about a century in television time. (AP Photo/Richard Drew)
FILE - In this March 6, 2012 file photo provided by Fox News, Fox News anchor Megyn Kelly poses at the anchor desk at the Fox studios in New York. Fox News says that Megyn Kelly, its popular daytime TV host, will move into the network’s prime-time lineup when she returns from maternity leave. Kelly announced this winter that she is expecting her third child sometime this summer. She’s still on the air. (AP Photo/Fox News, Alex Kroke)
ORLANDO, FL - SEPTEMBER 22: Fox anchor Megyn Kelly prepares for the Fox News/Google GOP Debate at the Orange County Convention Center on September 22, 2011 in Orlando, Florida. The debate features the nine Republican candidates two days before the Florida straw poll. (Photo by Charles Ommanney/Getty Images)
NEW YORK, NY - OCTOBER 10: Megyn Kelly, host of America Live on set at Fox News studios in New York. Fox News Channel celebrated its 15th anniversary on the air on October 7th.
of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

It spoke with several unnamed sources who reportedly have knowledge of the negotiations, but a Fox News spokesperson would not comment on Kelly's contract.

Kelly has gained a lot of national attention while covering the presidential election this year, most recently when she interviewed former House Speaker Newt Gingrich. So it would make sense that Fox News would want to keep her on its roster.

Vanity Fair also reported on Monday, though, that the bidding war for Kelly hasn't been much of a "war." Sources from multiple networks indicated that they wouldn't be fighting Fox News for the star, citing her steep salary ask as a negative.

"I don't believe anyone is pursuing her other than Fox at this point," an ABC insider told Vanity Fair.

"Of course we would love to have her," a CNN source added before saying that hiring Kelly away from Fox News "is not something we are seriously considering."

SEE MORE: Gretchen Carlson Gets $20 Million Settlement From Fox News

Kelly might be game to try something new, though. Earlier this year, she spoke with The New York Times about possibly hosting a long-form interview show in the future, similar to Barbara Walters and Oprah Winfrey.

Fox News chief executive Rupert Murdoch told the Wall Street Journal he hopes to have Kelly's next contract signed "very soon."

But he also hinted that if Kelly doesn't want to renew her contract with Fox News, it has plenty of other talent very willing to take her spot.

Additional reporting by AOL.


Read Full Story

From Our Partners