It was confirmed earlier this week that Hoda Kotb would be replacing Matt Lauer on the “Today” show. However, sources have now said the presenter will get paid a whopping $18 million a year less than her predecessor.
Kotb, 53, made her official debut Tuesday after NBC News chairman Andy Lack made the exciting announcement that she would be taking the disgraced male host’s place.
But it’s now being claimed Kotb’s $7 million a year — the same salary as her co-host Savannah Guthrie — is considerably less than the $25 million a year Matt Lauer earned.
One show insider said, according to Page Six: “Hoda isn’t complaining about the money. She has landed the big job she always dreamed of, and most definitely deserves. Plus, Matt’s salary reflected the long time he was on the show — 25 years.”
“If things go well, Hoda could ask for more next time if she re-ups her contract. But the figures underline the huge wage disparity at NBC News.”
The news comes as the “Today” team continue to battle through one of the toughest times in the show’s 67-year history, after Lauer, 60, was fired over allegations of sexual misconduct on November 28.
A “Today” rep told the publication that the organization doesn’t comment on talent contracts.
ET Canada has reached out to NBC for comment.