Sarah Palin's time at Fox News is over, and so is her $1 million-per-year salary. Now, a university study has chronicled just exactly how much the former vice presidential candidate was making when she did each interview on the network.

The University of Minnesota's Eric Ostermeier tallied up all of the words Palin uttered during her three years on Fox News, and, knowing that she made $3 million over that time, made this conclusion:

A Smart Politics review of the more than 150 FOX broadcasts in which Sarah Palin appeared as a paid commentator from 2010 through 2012 finds that she spoke 189,221 words on air during this span, for an average pay rate of $15.85 per word.

That's what a lot of people would consider a decent sum for an hour's worth of work, let alone a 7-minute hit with Neil Cavuto. But it's definitely a lot less than what people like Bill O'Reilly, who pulls down a purported $20 million a year, take home per word.

Palin's most frequent interviewers were Sean Hannity --perhaps the network's most hard-line Republican host -- and Greta Van Susteren, whose husband was an adviser to the former governor.

Read the full study -- including a breakdown of the surprisingly few times Palin said the words "you betcha!" -- here.

Also on HuffPost:

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  • Sarah Palin

    FILE - In this Saturday, Feb. 11, 2012 file photo, Sarah Palin, the GOP candidate for vice-president in 2008, and former Alaska governor, delivers the keynote address to activists from America's political right at the Conservative Political Action Conference (CPAC) in Washington. Palin is out as a Fox News Channel contributor. The network said Friday, Jan. 25, 2013, that it is parting ways with the 2008 Republican vice presidential candidate and former Alaska governor. (AP Photo/J. Scott Applewhite, File)

  • Sarah Palin

    FILE - In this Sunday, Feb. 12, 2012 file photo provided by Fox News, former Alaska Gov. Sarah Palin talks on Fox News Sunday in Washington. Palin is out as a Fox News Channel contributor. The network said Friday, Jan. 25, 2013, that it is parting ways with the 2008 Republican vice presidential candidate and former Alaska governor. (AP Photo/Fox News, Fred Watkins, File)

  • Sarah Palin

    Former Alaska Gov. and Republican vice presidential candidate Sarah Palin speaks at a campaign rally for Kirk Adams, a Republican candidate for U.S. Representative from Arizona's 5th Congressional District, Monday, Aug. 27, 2012, in Gilbet, Ariz. (AP Photo/Matt York)

  • Sarah Palin

    Former Alaska Gov. and Republican vice presidential candidate Sarah Palin serves lunch to guests after speaking at a campaign rally for Kirk Adams, a Republican candidate for U.S. Representative from Arizona's 5th Congressional District, Monday, Aug. 27, 2012, in Gilbet, Ariz. (AP Photo/Matt York)

  • Sarah Palin, Trig Palin

    Former Alaska Gov. and Republican vice presidential candidate Sarah Palin and her son, Trig Palin, arrive at a campaign rally for Kirk Adams, a Republican candidate for U.S. Representative from Arizona's 5th Congressional District, Monday, Aug. 27, 2012, in Gilbet, Ariz. (AP Photo/Matt York)

  • Sarah Palin

    Former Alaska Gov. and vice presidential candidate Sarah Palin is greeted at a campaign rally for Kirk Adams, a Republican candidate for U.S. Representative from Arizona's 5th Congressional District, Monday, Aug. 27, 2012, in Gilbet, Ariz. (AP Photo/Matt York)

  • Sarah Palin

    FILE - In this Sept. 3, 2008, file photo, Republican vice presidential candidate, Alaska Gov. Sarah Palin, speaks during the Republican National Convention in St. Paul, Minn. Republicans heading to their 2012 party convention in Tampa are eager to hear an earful about the shortcomings of President Barack Obama's record, the woeful U.S. economy and the competing visions of the two presidential candidates. They aren't looking for compromise, which most Americans say is necessary to get the nation on track. The delegates hear rhetoric that is brutal, vitriolic and far from conciliatory. Some lines from both conventions are memorable. Comparing her mayoral experience in Wasilla to that of Democratic nominee Barack Obama, Palin said, "I guess a small-town mayor is sort of like a community organizer, expect that you have actual responsibilities." (AP Photo/Susan Walsh, File)

  • John McCain, Sarah Palin

    FILE - In this Sept. 3, 2008, file photo, Republican presidential candidate Sen. John McCain, R-Ariz., joins his running mate, Alaska Gov. Sarah Palin, on stage after her speech to the Republican National Convention in St. Paul, Minn. Long gone are the passionate debates. Long gone is the suspense about who will emerge as the party's presidential nominee. Political conventions now are carefully scripted pep rallies aimed at a national TV audience. Not since the 1970s, in fact, has the nation had a major-party national convention begin with the nominee in doubt. Americans already know how the story will end at this year's Republican and Democratic national gatherings. So have modern-day conventions become irrelevant? (AP Photo/Ron Edmonds, File)

  • John McCain, Sarah Palin

    FILE - In this Aug. 29, 2008 file photo, Republican presidential candidate Sen. John McCain, left, smiles as his choice for his vice presidential running mate, Alaska Gov. Sarah Palin, pumps her fist as she is introduced to supporters at a campaign rally in Dayton, Ohio. Four years after Palin, it might certainly feel to voters as though the choice of a presidential ticket's No. 2 can be a make-or-break decision for the ticket's No. 1. But the conventional wisdom among those who study this stuff is that, in truth, the veep choice actually doesn't do much, if anything at all, to change the outcome of an election. (AP Photo/Stephan Savoia, File)

  • cruz palin

    Sarah Palin speaks to a crowd of about 1,000 Ted Cruz supporters, Friday, July 27, 2012 in The Woodlands, Texas. The former Alaska governor and 2008 GOP vice presidential nominee addressed more than 1,000 sweating, enthusiastic supporters of tea party favorite and Republican U.S. Senate candidate Ted Cruz in a field north of Houston on Friday. (AP Photo/Houston Chronicle, Johnny Hanson) MANDATORY CREDIT

  • cruz palin

    Sarah Palin speaks to a crowd of about 1,000 Ted Cruz supporters she rallied for Cruz, a Texas candidate for the U.S. Senate, who was watching with his wife Heidi, Friday, July 27, 2012 in The Woodlands, Texas. The former Alaska governor and 2008 GOP vice presidential nominee addressed more than 1,000 sweating, enthusiastic supporters of tea party favorite and Republican U.S. Senate candidate Ted Cruz in a field north of Houston on Friday. (AP Photo/Houston Chronicle, Johnny Hanson) MANDATORY CREDIT

  • cruz palin

    Sarah Palin speaks to a crowd of about 1,000 Ted Cruz supporters, Friday, July 27, 2012 in The Woodlands, Texas. The former Alaska governor and 2008 GOP vice presidential nominee addressed more than 1,000 sweating, enthusiastic supporters of tea party favorite and Republican U.S. Senate candidate Ted Cruz in a field north of Houston on Friday. (AP Photo/Houston Chronicle, Johnny Hanson) MANDATORY CREDIT

  • Sarah Palin Speaks At Tea Party Gathering In Michigan

    BELLEVILLE, MI, - JULY 14: Sarah Palin, former Governor of Alaska and 2008 Republican Vice Presidential candidate speaks at a 'Patriots in the Park' Tea Party rally at the Wayne County Fairgrounds July 14, 2012 in Belleville, Michigan. The event was sponsored by Americans for Prosperity: Michigan and the Willow Run Tea Party Caucus. (photo by Bill Pugliano/Getty Images)

  • Sarah Palin Speaks At Tea Party Gathering In Michigan

    BELLEVILLE, MI, - JULY 14: Sarah Palin, former Governor of Alaska and 2008 Republican Vice Presidential candidate speaks at a 'Patriots in the Park' Tea Party rally at the Wayne County Fairgrounds July 14, 2012 in Belleville, Michigan. The event was sponsored by Americans for Prosperity: Michigan and the Willow Run Tea Party Caucus. (photo by Bill Pugliano/Getty Images)

  • Sarah Palin

    From left, "Today" show co-host Ann Curry, guest Tori Spelling and guest co-host Sarah Palin stand together during a segment of the show in New York on Tuesday, April 3, 2012. Palin was the much-hyped guest co-host on NBC's "Today," going head-to-head against former "Today" anchor Katie Couric, who this week is subbing on "Good Morning America" at her current workplace, ABC. (AP Photo/NBC, Peter Kramer)

  • Sarah Palin

    Sarah Palin, who is co-hosting NBC News' "Today" show, talks as Dr. Nancy Snyderman sits next to her in New York on Tuesday, April 3, 2012. Palin was the much-hyped guest co-host on NBC's "Today," going head-to-head against former "Today" anchor Katie Couric, who this week is subbing on "Good Morning America" at her current workplace, ABC. (AP Photo/NBC, Peter Kramer)

  • Sarah Palin

    "Today" show co-host Matt Lauer and guest co-host, Sarah Palin, talk on the show's set in New York on Tuesday, April 3, 2012. Palin was the much-hyped guest co-host on NBC's "Today," going head-to-head against former "Today" anchor Katie Couric, who this week is subbing on "Good Morning America" at her current workplace, ABC. (AP Photo/NBC, Peter Kramer)

  • Sarah Palin

    From left, "Today" show co-hosts, Al Roker, Ann Curry and Matt Lauer talk with Sarah Palin during the show in New York on Tuesday, April 3, 2012. Palin was the much-hyped guest co-host on NBC's "Today," going head-to-head against former "Today" anchor Katie Couric, who this week is subbing on "Good Morning America" at her current workplace, ABC. (AP Photo/NBC, Peter Kramer)

  • Sarah Palin

    Sarah Palin holds a newspaper as she co-hosts NBC News' "Today" show in New York on Tuesday, April 3, 2012. Palin was the much-hyped guest co-host on NBC's "Today," going head-to-head against former "Today" anchor Katie Couric, who this week is subbing on "Good Morning America" at her current workplace, ABC. (AP Photo/NBC, Peter Kramer)

  • Sarah Palin

    Sarah Palin, co-hosting NBC News' "Today" show, stands backstage in New York on Tuesday, April 3, 2012. Palin was the much-hyped guest co-host on NBC's "Today," going head-to-head against former "Today" anchor Katie Couric, who this week is subbing on "Good Morning America" at her current workplace, ABC. (AP Photo/NBC, Peter Kramer)

  • Sarah Palin

    Sarah Palin, facing camera, greets a supporter while attending the NASCAR Sprint Cup Series auto race, Sunday, March 11, 2012, in Las Vegas. (AP Photo/Julie Jacobson)

  • Sarah Palin

    Fans crowd Sarah Palin, the GOP candidate for vice-president in 2008, and former Alaska governor, after she delivered the keynote address to activists from America's political right at the Conservative Political Action Conference (CPAC) in Washington, Saturday, Feb. 11, 2012. (AP Photo/J. Scott Applewhite)

  • Sarah Palin

    Former Alaska Gov. Sarah Palin speaks during World Knowledge Forum in Seoul, South Korea, Tuesday, Oct. 11, 2011. Palin told the business forum that the United States is due for a female president.(AP Photo/ Maeil Business News Paper, Lee Seung-hwan) KOREA OUT

  • Sarah Palin

    Former Alaska governor and vice presidential candidate, Sarah Palin, gestures during a speech at the Extraordinary Women Conference at Liberty University in Lynchburg, Va., Saturday, Oct. 8, 2011. (AP Photo/Steve Helber)

  • Sarah Palin

    Former Alaska governor and vice presidential candidate, Sarah Palin, gestures during a speech at the Extraordinary Women Conference at Liberty University in Lynchburg, Va., Saturday, Oct. 8, 2011. (AP Photo/Steve Helber)

  • Sarah Palin

    Former Alaska governor and vice presidential candidate, Sarah Palin, gestures during a speech at the Extraordinary Women Conference at Liberty University in Lynchburg, Va., Saturday, Oct. 8, 2011. (AP Photo/Steve Helber)

  • Sarah Palin

    Former vice presidential candidate and Alaska Gov. Sarah Palin addresses a Tea Party Express Rally in Manchester, N.H., Monday afternoon, Sept. 5, 2011. Palin left open the possibility of a presidential bid Monday afternoon, while encouraging tea party activists to unite against President Obama. (AP Photo/Stephan Savoia)

  • Sarah Palin

    Former Alaska Gov. Sarah Palin waits backstage before speaking to Tea Party members during the Restoring America event, Saturday, Sept. 3, 2011, in Indianola, Iowa. (AP Photo/Charlie Neibergall)

  • Sarah Palin

    Former Alaska Gov. Sarah Palin greets a supporter at The Machine Shed restaurant, Friday, Sept. 2, 2011, in Urbandale, Iowa. (AP Photo/Charlie Neibergall)

  • Sarah Palin

    Former Alaska Gov. Sarah Palin greets supporters at The Machine Shed restaurant, in Urbandale, Iowa, Friday, Sept. 2, 2011. (AP Photo/Charlie Neibergall)

  • Sarah Palin

    Former Alaska Gov. Sarah Palin greets supporters at The Machine Shed restaurant, in Urbandale, Iowa, Friday, Sept. 2, 2011. (AP Photo/Charlie Neibergall)