Hoda Kotb, who has officially been named as Matt Lauer’s replacement on NBC’s “Today” after filling in for Lauer since he was fired in November, won’t be making as much as Lauer did — even though Kotb will be doing double duty, co-hosting 7-9 a.m. with Savannah Guthrie while keeping her job as Kathie Lee Gifford’s co-host at 10 a.m.
Kotb told People that neither she nor Guthrie will be seeing paychecks comparable to Lauer, who reportedly signed a two-year, $20 million contract in 2016.
“The answer is no — that’s not happening,” Kotb told the publication when asked whether she will be bringing home Lauer money.
Guthrie added: “For either of us.”
Kotb also told People: “I think the whole money thing for me, I’ve always been sort of — I know it sounds ridiculous that I’m going to say this, but I really have done jobs I liked for the job I liked because I never wanted to be happy every other Friday on payday. Like, I didn’t want that to be the happy day. I wanted to feel good throughout. So no, I’m not making Matt Lauer money. Not even close.”