‘Karl’s got a lot of mates in high places,’ says the insider.
‘With the backing of businessman James Packer and long-time support from Russell Crowe he is seriously looking at relocating to the US.’
Last week, the television host has opened up publicly about the breakdown of his marriage to ex-wife Cassandra Thorburn in a tell-all radio interview with Kyle Sandilands and Jackie O.
The Today host said, 'It's hard. I think for some out there, what happened is here was a guy a couple of years ago who was married with three kids.'
He added, 'I think this happens to people, and I'm sorry for any hurt that it caused and causes. But this happened to me...and I fell in love not long after that.
'At the end of the day, it is what it is and I'm sorry if that causes anyone hurt. But I won't be apologising to my nearest and dearest because I don't need to.'
Earlier this year, Cassandra broke her silence on her ex-husband's engagement to Jasmine.
'His engagement doesn't register with me on any level,' she told Fairfax Media.
'I am just focused on helping those affected by the ever-changing landscape of my ex-husband's life, to navigate it.'
The 43-year-old television personality also opened up for the first time about the now infamous Ubergate scandal.
The incident, which saw Karl and his younger brother Pete Stefanovic overheard ctiticising Today co-hosts Georgie Gardner and Richard Wilkins, as well as network bosses, caused friction at Channel Nine.
Stefanovic told the Kyle and Jackie O Show, 'Channel Nine weren't happy, and upstairs weren't happy, and that's fair enough.'
'Whatever comes out of my mouth, I'm responsible for, and if that brings the company into disrepute or whatever, that's on me. I accept full responsibility,' he added.