Shamed broadcaster DON IMUS is planning a radio comeback after reaching a settlement over his multimillion-dollar contract with CBS.

Imus was axed from CBS Radio earlier this year (Apr07) after he called the mostly-black Rutgers University Women’s Basketball Team “nappy-headed hos” on his radio show Imus In The Morning.

Imus threatened to sue CBS for $120 million (?60 million) in a breach-of-contract lawsuit but the two parties reached an agreement on Tuesday (14Aug07). The terms of the settlement have yet to be disclosed.

Now Imus is in talks with rivals WABC-AM radio to resume his broadcasting career.

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