The Daily Mail says Moyes could pocket up to £10million despite being sacked as Manchester United manager after less than a year in charge.
The Scot was relieved of his duties by chief executive Ed Woodward at an early morning meeting at the club's Carrington training ground on Tuesday.
Moyes has overseen the club's worst ever Premier League season, but he is still in line for a huge pay-off from the Premier League champions.
The former Everton boss, who was given a six-year contract at Old Trafford last summer, earns £5million a year including bonuses.
Although he has more than five years to run on his deal, it is believed the club inserted a clause to avoid paying out his contract in full should he be sacked.
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