Have Karl’s contract negotiations stalled? Today star enjoys a day on a yacht with Sky News CEO

Have Karl’s contract negotiations stalled? Today star enjoys a day on a yacht with brother Peter Stefanovic and the Sky News CEO

His contract with Channel Nine ends in December. 

And Karl Stefanovic set tongues wagging this week when he was spotted with brother Peter on-board a superyacht with Sky News CEO, Paul Whittaker. 

In pictures published by The Sunday Telegraph, the 45-year-old Today show star enjoyed a cruise around Sydney Harbour and reportedly was ‘toasted’ by the high-profile guests before lunch. 

Have Karl’s contract negotiations stalled? Today star enjoyed a day on a yacht this week with brother Peter Stefanovic and the Sky News CEO

The toasting could have been for both Karl and Peter, who welcomed newborn babies with their wives recently. 

The publication reports that Nine bosses ‘have made an offer to Stefanovic and his new agent Mark Morrissey, however talks have stalled because the new contract is believed to offer less than half his former $3 million-a-year.’

Also on board the luxury cruiser – which docked at Balmoral for a few hours – was Wentworth MP Dave Sharma, boat owner Richard Weinberg, and chef Guillaume Brahimi.

The publication reports that Karl, who recently vowed to lose 10kgs in ten weeks on Today, even had a smoke on the top deck with Dave. 

What's going on? The Sunday Telegraph reports that Nine bosses 'have made an offer to Stefanovic and his new agent Mark Morrissey, however talks have stalled because the new contract is believed to offer less than half his former $3 million-a-year'

What’s going on? The Sunday Telegraph reports that Nine bosses ‘have made an offer to Stefanovic and his new agent Mark Morrissey, however talks have stalled because the new contract is believed to offer less than half his former $3 million-a-year’

back on air: Karl made his Today comeback in January alongside new co-host Allison Langdon

back on air: Karl made his Today comeback in January alongside new co-host Allison Langdon

Karl’s brother Peter now works for Sky News after leaving Nine amid the Ubergate scandal. 

Earlier this month, Karl rubbished reports that he’s heading to Hollywood with wife Jasmine Stefanovic to chase a talk show career. 

The Sydney Morning Herald’s PS Sydney hinted at rumours the Today show host could follow in the footsteps of late night titans like David Letterman and Jimmy Kimmel.

All talk! Earlier this month, Karl rubbished reports that he's heading to Hollywood with wife Jasmine Stefanovic to chase a talk show career

All talk! Earlier this month, Karl rubbished reports that he’s heading to Hollywood with wife Jasmine Stefanovic to chase a talk show career

However Karl denied that he was making a move to Tinseltown despite his Channel Nine contract ending in December.

Karl called the claims ‘complete rubbish’ adding, ‘my hands are kinda full at the moment anyway,’ referring to his newborn daughter, Harper. 

But he admitted he may be expanding his Instagram variety show to network television.

The TV host has been posting the low-quality production to his social media for a number of weeks and believes it has room to improve. 

Rumours: It came after Woman's Day magazine reported that Karl was, 'plotting his escape to Hollywood' with wife Jasmine, 36 (pictured)

Rumours: It came after Woman’s Day magazine reported that Karl was, ‘plotting his escape to Hollywood’ with wife Jasmine, 36 (pictured)

He told PS Sydney: ‘We believe there is a gap in the market for smaller productions, we have a lot of ideas we want to pitch to Nine.

‘And yes I have a few Hollywood heavy hitters among my friends, and it would be a bonus if something was picked up there too, but our main focus is local’.

It came after Woman’s Day magazine reported that Karl was, ‘plotting his escape to Hollywood’ with wife Jasmine, 36.

Karl made his Today comeback in January alongside new co-host Allison Langdon. 

Daily Mail Austraila has contacted Channel Nine and a representative of Karl for comment in relation to this story. 

New project? Karl admitted he may be expanding his Instagram variety show to network television

New project? Karl admitted he may be expanding his Instagram variety show to network television