Hoda Kotb annonuced her farewell to At the moment after 20 years as an anchor in September 2024, however apparently her wage might have performed an element in her stepping away.
Although the speak present host and reporter has not addressed this report herself, the rumor floating round is that because the legacy anchor, she was denied one of many largest perks within the recreation: more cash.
After all, that’s not the explanation she’s giving for her departure; removed from it, the truth is.
However is it doable that negotiations over her pay for the subsequent years on the air was on the coronary heart of the difficulty? We’ve heard stranger issues…
NBC anchors Savannah Guthrie and Hoda Kotb attend as Wynonna Judd performs on NBC’s “Today” at Rockefeller Plaza on October 24, 2022 in New York Metropolis. (Picture by John Lamparski/Getty Pictures)
Hoda’s Choice To Depart
Hoda introduced that she’d be stepping away from At the moment on September 26. She revealed her plans to go away the present after she turned 60 in August.
The speak present host introduced that she’d be leaving in a memo to employees, which she additionally learn on air. The present additionally shared the memo on social media. “I know I’m making the right decision, but it’s a painful one,” she wrote.
Hoda Kotb then continued and seemed again on the numerous totally different positions she held at NBC over the course of her profession. She additionally gave shoutouts to her At the moment crew and household, together with Al Roker and Jenna Bush Hager.
“I love you and it’s time for me to leave the show,” she wrote. “I will miss each and every one of you at Today desperately.”
Hoda then stated that her sixtieth birthday celebration “felt like a shift.” Nonetheless, she stated that she was “ready and excited” for the subsequent chapter of her life.
“My broadcast career has been beyond meaningful, a new decade of my life lies ahead, and now my daughters and my mom need a bigger slice of my time pie,” she continued.
Hoda concluded by saying that she’d be working via the start of 2025. She additionally stated that she’d “remain a part of the NBC family,” however she didn’t say what her function can be.
“I’ll be around. How could I not? Family is family, and you all will always be a part of mine,” she concluded.
Hoda Kotb attends the seventieth anniversary celebration of NBC’s “Today” at The Paley Heart for Media on Might 11, 2022 in New York Metropolis. (Picture by Jamie McCarthy/Getty Pictures)
What Is Hoda Kotb’s Wage?
Whereas Hoda Kotb’s message implied that she was seeking to spend extra time with household, it was reported that cash was a significant factor in her resolution by Puck. Sources near the scenario stated that she was making over $20 million per 12 months.
The outlet additionally famous that her co-anchor Savannah Guthrie additionally makes over $20 million, and former co-anchor Matt Lauer made $25 million. It was reported that cuts to the business performed an element within the wage reduce.
“NBC executives loved Hoda and knew her value to the brand, but also made clear to her agents that such stratospheric contracts were no longer justifiable given the industry’s inexorable decline,” Puck famous.
Puck additionally defined that the sort of “reset” goes to be way more widespread in TV. “Everyone is getting their pay cut or their jobs eliminated,” a supply stated.
“In the coming year, some big names will announce they want to spend more time with their kids or families or write new chapters,” the insider advised the positioning. “They also don’t want to work for less money even though they have already made a fortune.”
How Lengthy Was Hoda at NBC?
Hoda received’t be leaving quickly, nevertheless. She’s slated to stick with the present till early 2025, with no official date of departure introduced.
Hoda spent over 1 / 4 of a century with NBC. In her publish, she famous all of the totally different roles that she had on the community over the 26 years that she labored there.
After Matt Lauer was fired in 2017 for sexual misconduct allegations, Savannah had a variety of co-anchors along with her. In 2018, Hoda was introduced as much as co-anchor alongside her, and so they had been the primary pair of feminine anchors within the present’s historical past.
