I guess Imus plans on suing for the rest of his contract ($40 million dollars) because there is a clause in his contract that states that he MUST say controversial things on air and that is exactly what he did.
The contract also states that Imus must get a warning before getting fired. No warning was given to him that he went over the line. Most legal analysts are saying he will easily win the lawsuit.
I hope he wins its sad to see kids who are dying of cancer lose out because peoples feelings got hurt by some words.
