Terrified that Stedman will tell all and take half her fortune, the TV host is forced to pay him out.
Oprah Winfrey has agreed to pay Stedman Graham more than $300 million after giving up on their 21-year relationship.
The TV star and her long-time beau split earlier this year despite attempts to work through their problems. Insiders say Oprah felt compelled to agree to the enormous payoff in a desperate bid to win Stedman’s silence.
The deal was struck during crisis talks aboard a luxury boat in Canada, after Oprah learnt the 56-year-old had received several multi-million-dollar offers from publishers to pen a book about his time with the star.
“Oprah feels she’s being held to ransom,” says a friend. “Stedman’s the one person who really knows what Oprah is like, and if he put their intimate moments together on paper, it could ruin her…”
For the full story, see this week’s Woman’s Day (on-sale August 27).
Has Oprah been hoodwinked, or does Stedman deserve a significant settlement? Leave your comments below…
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