Savannah Guthrie also rakes in over $20 million, while ex-anchor Matt Lauer earned over $25 million while at Today. Puck News reports that most high-earning TV hosts will have to take pay cuts; in best-case scenarios, they can earn a cost-of-living raise of between 2% to 4%. A longtime media exec told the site:

After NBC fired Today show host Matt Lauer in 2017 following accusations of sexual misconduct, Kotb stepped in alongside Guthrie as a temporary replacement. Weeks later, her role became permanent, as viewers responded well to her and Guthrie.

News of Hoda Kotb's Today show exit is bittersweet for her cohosts. "I just turned 60, and it was such a monumental moment for me when I turned 60 years old because I started thinking about that decade,