the first night of conan's two-month nationwide comedy tour. lyn et rice is here, senior writer for entertainment weekly, and lauren sanchez returns, correspondent for "extra." here is how conan o'brien made the announcement today. he said, "the good news, i'll be doing a show on tbs start unwilling november. the bad news: i'll be playing rudy on the all new cosby show." by the way, bill cosby will be here tomorrow night. okay, lauren, what happened here? >> well, you know what? it's gay day to be conan o'brien, obviously. he inked a deal with tbs that will pay him $10 million a year and, by the way, he owns the show. which means he's going to make millions of dollars on the back end as well. now there's three really interesting things about this deal. one, it was fast and furious which you know, larry, never happens in hollywood. >> larry: we have the same agent. >> two, it was very private which also never happens in