Hoda Kotb "Not Even Close" to Making Matt Lauer Salary on 'Today'

NBC announced Tuesday (1/2) Hoda Kotb as the new co-anchor of Today, replacing Matt Lauer after his November firing.

While Lauer was reportedly earning $20 million from his most recent two-year contract, Kotb confirmed to People she isn't making "Matt Lauer money. Not even close."

"The answer is no—that's not happening," she told People of potentially similar figures. Savannah Guthrie added, "For either of us." 

"I know it sounds ridiculous that I'm going to say this, but I really have done jobs I liked for the job I liked because I never wanted to be happy every other Friday on pay day. Like, I didn't want that to be the happy day," she explained to the magazine.

Kotb's salary has not yet been revealed.

Source: eonline; photo: Getty Images

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