Sources tell me that Conan O’Brien’s deal to exit NBC is “very close” to being signed. “The lawyers are almost finished,” the source says.

The deal would likely allow O’Brien to finish his stint on “The Tonight Show” next Friday. After that, O’Brien will be free to negotiate a deal elsewhere. Although a deal with Fox remains a question mark, another source close to the situation did concede, “Kevin Reilly loves Conan.”

Contrary to fevered reports, no agreements have been signed.

Stay tuned.

Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. He wrote the Intelligencer column for NY Magazine in the mid 90s, reporting on the OJ Simpson trial, as well as for the real Parade magazine (when it was owned by Conde Nast), and has written for the New York Observer, Details, Vogue, Spin, the New York Times, NY Post, Washington Post, and NY Daily News among many publications. He is the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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