"O'Brien signed a new contract on Monday that guarantees he will assume the job as host of America's top-rated late night talk show, "The Tonight Show," sometime during the 2009 season. Leno took over the show from Johnny Carson in May 1992. "
I love O'Brien,and think he is great. He could very well do a great job on the tonight show. I do not have access to the entire contract, but it seems to me that O'Brien ended up with the good end of the deal. If he gets cancer and dies in the next five years, NBC will be forced to follow though with their end of the deal. That means that they will have to use a clone, make a deal with God, or make a deal with the Devil. I can't see how making a deal four years in advance is really that good for NBC. O'Brien could screw up and say something real dumb, and get fired and he would still have job. What if O'Brien brings out some fake documents which discredited by fox?
Update: Tilted Fish has a better take, though i think mine is funnier.