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Fired 'Today' host Matt Lauer's contract was reportedly worth $25 million a year here's how that

On Wednesday, NBC announced in shocking fashion while opening the "Today" show that its longtime host Matt Lauer had been fired due to "inappropriate sexual behavior in the workplace."

This is the latest bombshell revelation of a powerful man in entertainment who has been taken down due to sexual misconduct allegations. 

Though it's too soon to tell what the ramifications will be for "Today" in the battle for morning ratings, it's clear NBC has lost one of its major players. That's evident by how much the company was paying him. 

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Matt Lauer. AP

Lauer, who has been a host on "Today" for 20 years, was earning $25 million a year, according to Variety.

The trade compiled the biggest estimated annual salaries of reality, news, and talk show hosts over the summer, and Lauer is in the top three on the list, which also includes the likes of Megyn Kelly, Ryan Seacrest, and Ellen DeGeneres.

Here are the top 20 paid hosts:

Note: Some of these figures below include fees for producing and back-end compensation. 

Mike Myers (“The Gong Show”) - $3 million

Getty

Jamie Foxx (“Beat Shazam”) - $ 3 million

Vivien Killilea/Getty

Alec Baldwin (“Match Game”) - $3 million

Lars Niki/Getty

Ryan Seacrest (“American Idol”) - $12 million

Reuters

Conan O’Brien (“Conan”) - $12 million

Imeh Akpanudosen/Getty

David Letterman (Untitled Netflix Interview Show) - $12 million

Gary Gershoff/Getty

Anderson Cooper (CNN) - $12 million

Neilson Barnard/Getty

George Stephanopoulos (ABC News) - $15 million

Ray Tamarra/Getty

Ryan Seacrest (“Live with Kelly & Ryan”) - $15 million

Ryan Seacrest speaks on stage during the iHeartRadio Music Awards at the Forum on Sunday, March 5, 2017, in Inglewood, Calif. Photo by Chris Pizzello/Invision/AP

Pat Sajak (“Wheel of Fortune”) - $15 million

David Becker/Getty

Jimmy Kimmel (“Jimmy Kimmel Live!”) - $15 million

Pascal Le Segretain/Getty

Stephen Colbert (“The Late Show”) - $15 million

Paul Zimmerman/Getty Images for Montclair Film Festival

Jimmy Fallon (“The Tonight Show”) - $16 million

NBC

Robin Roberts (“Good Morning America”) - $18 million

Jamie McCarthy/Getty

Megyn Kelly (NBC News) - $18 million

NBC host Megyn Kelly in New York. Associated Press

Kelly Ripa (“Live with Kelly & Ryan”) - $22 million

AP Photo/Charles Sykes

Katy Perry (“American Idol”) - $25 million

Getty

Matt Lauer (“Today”) - $25 million

AP

Judith Sheindlin (“Judge Judy”) - $47 million

Stephen Lovekin/Getty

Ellen DeGeneres (“The Ellen DeGeneres Show”) - $50 million

Jesse Grant/Getty Images

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Artie Phelan

Update: 2024-08-02