Shortly after the report surfaced, NBC said the figure was grossly-inflated and as it turns out, the number was high. Don't go setting up a crowd-funding page for the fam just yet, though. The deal they did end up making is still pretty sweet.
According to TMZ, the family will actually get about $80 million (with ratings bonuses) for three seasons with an option for a fourth. That will also include all of the work the family does for the network, presumably promoting the shows and stuff like that.
Also, the deal is only for the females. Scott Disick has a separate deal and Rob Kardashian will be paid per episode, when he appears on any of them.
As has been previously reported, Bruce Jenner will be leaving the show after this season, but he has his own deal with the network, too, and is said to be filming a docuseries with them.