After announcing that he was leaving "Live with Regis and K*", Regis fired his agent. Regis had been with agent Jim Griffin for some 30 years. Griffin told the LA Times when he first met Regis, Regis hadn't worked for a year and a half. The LA Times reports Regis' contract was up for renewal, and ABC/Disney wanted him to take a pay cut. Apparently Regis did not like the idea. Regis' cume is slipping but the main problem is his audience is aging out of the money demos. Regis is 79. The average of his viewers is 60. Griffin says Regis just walked away without explanation. In the current contract, reportedly Regis gets $15 million a year.