Hoda Kotb is not making Matt Lauer’s former salary, report says

Hoda Kotb NEW YORK, NY - NOVEMBER 29: Hoda Kotb (rear) and Al Roker during a break on the set of NBC's Today Show, November 29, 2017 in New York City. It was announced on Wednesday morning that long time Today Show host Matt Lauer had been fired for alleged sexual misconduct. (Drew Angerer/Getty Images) (Drew Angerer)

January 3, 2018 at 9:52 p.m. UTC

Hoda Kotb has been named the new ‘TODAY’ co-anchor, and is reportedly getting paid $18 million less per year than Matt Lauer, Page Six reported.

NBC sources told Page Six that Kotb will earn $7 million a year.

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