The 56-year-old celebrity chef has signed an exclusive, new three-year contract with the network, Discovery Inc. confirmed in a statement shared with PEOPLE Monday.
“I’m thrilled to extend my relationship with Food Network and Discovery,” Flay said in the statement. “Although these talks to renew took a little longer than expected, the important thing is that both sides are happy that we can now build on an already rock-solid foundation. Stay tuned for some incredibly exciting new shows as I promise to take food and cooking to places we’ve never imagined before.”
However, another source close to Food Network told PEOPLE comparing the two stars' contracts was “not apples to apples.”
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Though Flay’s new paycheck remains undisclosed, he will develop new content for the culinary channel and elsewhere within the Discovery portfolio as part of the deal.
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Earlier this year, helaunched a podcastwith his daughterSophie— titledAlways Hungry— and saw theopening of his first Italian restaurant, Amalfi.
source: people.com