NBC extends Matt Lauer's contract to keep him for 'multiple more years'

NBC extends Matt Lauer&#039;s contract to keep him for &#039;multiple more years&#039;

(Image credit: Facebook.com/Matt Lauer)

Matt Lauer is staying put.

NBC News announced today that the host has signed a contract extension that will keep him anchoring Today for "multiple more years." The New York Times notes that the signing comes at a "tumultuous time" as the former top breakfast program fell to second place when former co-anchor Ann Curry was unceremoniously dumped — an ouster that many blamed Lauer for.

Lauer's current deal, which reportedly pays him as much as $20 million a year, was set to expire in the next few months. NBC execs didn't disclose the exact terms regarding his new contract.

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Jordan Valinsky is the lead writer for Speed Reads. Before joining The Week, he wrote for New York Observer's tech blog, Betabeat, and tracked the intersection between popular culture and the internet for The Daily Dot. He graduated with a degree in online journalism from Ohio University.