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Matt Lauer

Jockeying for

$25 MILLION Payday

4/8/2011 9:30 AM PDT BY TMZ STAFF

Matt Lauer is not seriously interested in leaving NBC -- unlike his co-host Meredith Vieira -- but he is bucking for a massive raise to $25 million dollars per year.

Matt Lauer Leaving NBC
Sources connected with NBC tell us all the talk about Matt leaving NBC's "Today" is nothing more than a well-timed negotiating ploy.  Remember, the Matt buzz started right after reports surfaced Meredith will leave in September.

"Today" has been the #1 morning news show for 15 years -- a virtual cash register for the Peacock -- and we're told Matt wants his slice of the pie ... in other words ... $25 mil.

Lauer currently gets by on $17 million per year. 

UPDATE: A rep for NBC says they are "NOT in any negotiations with Matt ... as he is under contract for a long time."

125 COMMENTS

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46.

moe l.    

Talk about an "overpaid moron"...

1302 days ago
47.

FreeWill    

Man I like capitalism but 25M for that kind of job is just an obsenity that do not produce enough benefits to justify such a salary! meanwhile people most deserving are on minimun wage! Just wrong!A million for this guy is more than enough, He not curing cancer!

1302 days ago
48.

Donna    

You Go Matt!!! Why should all the big wigs running and owning the station make all the money. You are the one doing all the work and being there day after day after day. Hope you get your piece of the pie. At least you've earned your cut!!! And next time Tom Cruise gets "glib" with you - smack the little pr*ck in the mouth once for me.

1302 days ago
49.

Caroline    

Give it to him. He's one of the few out there who still know how to balance hard news with entertainment, and he's been "with the program" for 16+ years. Don't let him go; he's a very likable person in a very difficult job. Keep him. It would cost more to train a new person how to handle everything he does that most do not see behind the scenes. This guy works hard.

1302 days ago
50.

Delona    

No one is worth that kind of money. All these greedy a$$ people need to be kicked to the curb.

1302 days ago
51.

Mikey    

If Lauer leaves who will they get to show people how to cook hamburgers in the morning?

1302 days ago
52.

whocares    

if matt can make 25 million a year reading a teleprompter, does that mean obama will want more money for reading a teleprompter also

1302 days ago
53.

TX ROSE    

NBC, please please let him go! Matt is so annoying. Good replacement choices are Willie Geist, Peter Alexander or Lester Holt.

1302 days ago
54.

babygreens    

NO ONE is worth $17 million a year, let alone $25 million.

It's disgusting that networks have that much money to spend while American are out of work and impoverished.

1302 days ago
55.

Missy    

Can we say GREEDY??? Can not even stand to watch this guy, hope he retires from TV altogether!

1302 days ago
56.

tina    

Matt is an Arrogant SOB. He, nor any other News reporter needs to make that kind of money...maybe Anderson cooper becasue he puts his life on the line for what he does. But Matt? Diane? Katie? HELL NO !! This kind of pay check only costs us more money! Advertisers cost will increase and therefor we will pay more for product, Cable, Etc. ITs crazy in these econimic times that these greedy people want more !

1302 days ago
57.

Jim in Cali    

absolutely ridiculous. This guy should be paying NBC to work there. He's awful and OLD. NBC/Comcast should go find someone else.

1302 days ago
58.

Stupid People Hater    

Wow, can't believe he makes that much money for this show. IS he really that good? I bet you could get a good looking guy who is able to conduct interviews and pay him $1 mil a year and he would be just as good. It might take a few weeks for people tog et used to him but it would work out.

1302 days ago
59.

Leni    

I can't stand him. His is worth to leave NBC.

1302 days ago
60.

k84    

You're all missing the point. NBC makes a fortune from Today, and Lauer is saying he expects more of those profits.

Maybe $25 million is a bit too much for any one person to be paid, but it's not unreasonable for him to say "I'm one of the people who help make NBC so much money, I expect some more of it for me".

NBC can afford it, and they should give it to him. If he leaves, Today isn't worth as much as it is now. It is "cheaper" for NBC to suck it up and give that to him, than let him leave and watch the viewers turn off, making their product less profitable.

1302 days ago
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