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Report: Matt Lauer Signs Contract Extension to Remain on "Today"

Fri, 13 Jun 2014 09:06:30 +0000

Peter Kramer/NBC(NEW YORK) -- Remember all those rumors last year that NBC might replace Matt Lauer as co-anchor of its Today show? You likely won't hear them again for a while, because the network has reportedly renewed its commitment to him.

The New York Times reports Lauer has signed a multi-year contract extension with NBC to remain on the Today show. The exact length is unknown, but it is for more than two years.

Lauer's previous contract, under which he reportedly is paid $20 million to $25 million per year, was to expire later in 2014.

Lauer was promoted to co-anchor of the Today show in 1997. He experienced some backlash when Ann Curry was pushed out of the program in 2012, with some reports blaming him for NBC's decision. He currently sits alongside Savannah Guthrie.

For most of Lauer's run on the Today show, it has been the dominant morning news program. However, it currently trails ABC's Good Morning America in viewers.

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