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:

NBC staffers suspected Savannah Guthrie was planning her own exit from “Today” — but got “scooped” by Hoda Kotb’s resignation.

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.