A source close to production tells ET that the 58-year-old comedian and Family Feud host signed a multi-year contract to host Miss Universe just days before the pageant aired Sunday, and that his paycheck is "more than they've ever paid before for a host."
The source says the deal is for at least three years, possibly even as many as six or seven.
Contract negotiations came down to the wire, according to the source. While Harvey had already been announced as this year's host before the contract was finalized, the production didn't start booking his travel until just a few days before the show.
However, WME/IMG -- the media agency that purchased the Miss Universe Organization from Donald Trump earlier this year -- "really loves" Harvey, the source explains. In light of the attention Harvey's blunder has brought to the pageant, they likely have no qualms about bringing him back.