Hoda Kotb will reportedly make $18 million less than Matt Lauer did

Hoda Kotb.
(Image credit: Jason Carter Rinaldi/Getty Images)

Hoda Kotb was named as Matt Lauer's replacement on Today on Tuesday, but she will make approximately $18 million less per year than he did, people familiar with the decision told Page Six. Lauer earned an eye-popping $25 million a year on the job, while Kotb will make $7 million a year, the same as her co-host Savannah Guthrie.

Lauer's salary notably "reflected the long time he was on the show," an insider told Page Six. Another massive NBC contract belongs to Megyn Kelly, who joined the network last year and reportedly makes as much as $20 million a year.

The insider added, "Hoda isn't complaining about the money. She has landed the big job she always dreamed of, and most definitely deserves." That being said, "the figures underline the huge wage disparity at NBC News."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us