Matt Lauer Signs New Today Show Contract

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Matt Lauer is gonna stay with Today.

The embattled anchor, whose program now loses the weekly ratings battle to Good Morning America, has signed a two-year contract extension with NBC.

The New York Times reported the deal, which comes as a bit of a surprise because Lauer has been under a great deal of fire over the past several months.

Matt Lauer on Today Show Set

Many blame Lauer for the poor execution of Ann Curry's firing, while Lauer's alleged refusal to take a pay cut has angered many show staffers.

“I consider this the best job in broadcasting,” Lauer said in a statement. “I love people I work with every day and I have such respect and gratitude for the people I work for. I couldn’t be happier to be staying.”

After years of dominating its rival, Today now loses out on a frequent basis to Good Morning America when it comes to ratings.

Lauer, meanwhile, began at Today in 1997 and holds the record as the longest-sitting Today anchor.

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