Ray Hadley is given a $1.7 million pay rise by 2GB

Ray Hadley has been given an epic pay rise, which initially saw him being promised Alan Jones’ coveted breakfast radio job.

As of tomorrow, the 64-year-old veteran radio host will earn an additional $1.7 million a year, putting his new salary at $4 million a year.

It’s not the only shake-up taking place at the radio station, as they try to recruit Today presenter Deb Knight as a regular host, as reported by The Daily Telegraph.

Plenty to smile about: Ray Hadley has been given an epic pay rise, which initially saw him being promised Alan Jones' coveted breakfast radio job

Plenty to smile about: Ray Hadley has been given an epic pay rise, which initially saw him being promised Alan Jones' coveted breakfast radio job

Plenty to smile about: Ray Hadley has been given an epic pay rise, which initially saw him being promised Alan Jones’ coveted breakfast radio job

Negotiations reportedly started with Ray last year, with the original plan seeing him replacing Alan, 78, in the network’s breakfast time slot.

But this is unlikely to happen in the near future, with Alan’s contract keeping him at the radio network until 2021.

Meanwhile, Ray – who is now rumoured to be on equal money to Alan – has signed a contract with the radio station for up until 2025.

Reshuffle: Negotiations reportedly started with Ray last year, with the original plan seeing him replacing Alan Jones in the network's breakfast time slot. Pictured at a book launch in Sydney in June 2018

Reshuffle: Negotiations reportedly started with Ray last year, with the original plan seeing him replacing Alan Jones in the network's breakfast time slot. Pictured at a book launch in Sydney in June 2018

Reshuffle: Negotiations reportedly started with Ray last year, with the original plan seeing him replacing Alan Jones in the network’s breakfast time slot. Pictured at a book launch in Sydney in June 2018

Money in the bank: As of tomorrow, the 64-year-old veteran radio host will earn an additional $1.7 million a year, putting his new salary at $4 million a year. Pictured at a horse race in Sydney in June 2015

Money in the bank: As of tomorrow, the 64-year-old veteran radio host will earn an additional $1.7 million a year, putting his new salary at $4 million a year. Pictured at a horse race in Sydney in June 2015

Money in the bank: As of tomorrow, the 64-year-old veteran radio host will earn an additional $1.7 million a year, putting his new salary at $4 million a year. Pictured at a horse race in Sydney in June 2015

The AM radio station is reportedly also looking to create a permanent role for one of its female hosts, with Deb, 46, rumoured to be the frontrunner.

The Channel Nine journalist has filled in on the radio station in the past, but The Daily Telegraph reports bosses are keen to give her a permanent role.

‘2GB wants her but for now she’s not going anywhere,’ a source told the newspaper.

New gig: The AM radio station is reportedly also looking to create a permanent role for one of its female hosts, with Deb Knight rumoured to be the frontrunner. Pictured at the Gold Dinner event in Sydney last month

New gig: The AM radio station is reportedly also looking to create a permanent role for one of its female hosts, with Deb Knight rumoured to be the frontrunner. Pictured at the Gold Dinner event in Sydney last month

New gig: The AM radio station is reportedly also looking to create a permanent role for one of its female hosts, with Deb Knight rumoured to be the frontrunner. Pictured at the Gold Dinner event in Sydney last month

Meanwhile, The Project’s Steve Price will also receive a pay increase, after having his contract renegotiated amid earlier plans to push Alan out from his prime time slot.

But with the controversial radio host staying on for at least another two years, Steve, 64, will assume an afternoon hosting role, after initially being groomed to take over Ray’s morning position.

Meanwhile, majority shareholder Nine has reportedly been pushing for the radio station to cut costs wherever possible.  

More money: The Project's Steve Price will also receive a pay increase, after having his contract renegotiated amid earlier plans to push Alan out from his prime time slot. Pictured at a radio launch in Melbourne in April 2010

More money: The Project's Steve Price will also receive a pay increase, after having his contract renegotiated amid earlier plans to push Alan out from his prime time slot. Pictured at a radio launch in Melbourne in April 2010

More money: The Project’s Steve Price will also receive a pay increase, after having his contract renegotiated amid earlier plans to push Alan out from his prime time slot. Pictured at a radio launch in Melbourne in April 2010

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