As the morning show war heats up between The Today Show, CBS This Morning and Good Morning America, executives at NBC are probably breathing a bit easier now that Matt Lauer has signed a long-term deal to stay at Today. According to The New York Times,
“Matt always said he would only continue if he could be all-in,” he said. “The all-in factor was really key. This is demanding job with a demanding schedule. For him it was a question of lifestyle. As his family is getting older he wants to be able to spend more time with them.”
While the financial details of the deal were not disclosed, sources have told Newsday that Lauer will receive an estimated $25 million per year.