He tells the Politico:

"It's two things really," Broder said. "First of all, the paper is like every other paper--feeling the squeeze. And this does get me off the newsroom budget. That is one reason. The other reason is that it's a generous buyout offer."

Drudge calls it the 'end of an era.'

Side note: Does the Politico just randomly add unrelated links to Drudge-linked posts just to stir up more traffic?