Sportscaster Keith Olbermann will join Channel 2 as the station's sports director next week, the station announced Tuesday.
Olbermann, who has been the sports anchor at Channel 5, an independent station, for the last three years, will start at Channel 2, a CBS affiliate, on Monday. He will anchor the weekday and Sunday sports reports.
Sources say Olbermann's new five-year contract is worth about $250,000 a year. He reportedly made a little more than $100,000 a year at Channel 5.
Olbermann, 29, said his agent was approached by many stations, including ESPN.
"But all told, the best working conditions, the best circumstance, the best opportunity was at KCBS. It's just the sort of job I wanted," he said.