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:

According to Puck, she earned more than $20 million a year, a salary network executives told her couldn't be justified anymore thanks to the changing broadcast landscape. "NBC executives loved Hoda and knew her value to the brand,

Hoda Kotb announced she is leaving the "Today" show early in 2025 after more than five years co-anchoring the morning program. Kotb announced the decision in a letter that was shared with colleagues, Today.com reported.