Matt Lauer’sdivorce from his estranged wifeAnnette Roquecould cost him “a lot,” a source close to him tells PEOPLE.
One year after being fired from NBC overalleged sexual misconduct, the source says Lauer and Roque are continuing to work out theterms of their divorce.
“The divorce is still not final but Annette will get a lot of money. He took a financial hit with all this,” the source says. “Annette’s going to get a lot of money. Everybody’s pretty sure he’s going to have to give her the horse farm. That’s her love.”
In August, it was reported that Lauer couldpay Roque up to $20 millionin the settlement and that they agreed to share custody of sons Jack, 17, and Thijs, 11, and daughter Romy, 14.
Although the former couple’s relationship is coming to an end, Lauer has continued to live on the property where his wife of 20 years and three children are living in the Hamptons. But once the divorce papers are signed, the source says Lauer will likely get his own place.
“Eventually the plan is that he will move out of the house,” the source says. “He’s at the compound, living in the guest house, and he sees the kids. It’s still the same setup for now. It’ll continue that way until early next year.”
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Moving forward, Lauer and Roque have decided to put their difference aside for the sake of their children.
“He and Annett are co-parenting,” a second source adds. “They’re just all business. They have to talk and theyeven spend some time together as a family, but when they do it’s not about them it’s about the children.”
Lauer and Roque, 51,wedin 1998 after meeting on ablind date.
In the wake of Lauer’s firing, several insiders told PEOPLE that the anchorwas allegedly often unfaithfulto Roque.
“By Matt’s own admission there were struggles and challenges with his wife,” one source said. “Like many couples, they struggled with a modern marriage.”
In the first paragraphs of the report, the investigation team states that Lauer “admitted to engaging in sexual activity” with theanonymous womanwhose allegations prompted his firing.
Lauer also admitted to — andapologizedfor — seeing NBC staffers romantically during his tenure at the network.
“But defending my family now requires me to speak up. I fully acknowledge that I acted inappropriately as a husband, father and principal at NBC. However I want to make it perfectly clear that any allegations or reports of coercive, aggressive or abusive actions on my part, at any time, are absolutely false,” he concluded.
source: people.com