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Matt Lauer Signs New Contract With NBC, Staying at ‘Today’ ‘Long-Term’

As has been rumored for a few weeks now, Matt Lauer has officially signed a new contract with NBC, one that will be keeping him at the helm of “Today” for the “long-term.”

Lauer is expected to make the news official tomorrow morning on the program.

Newsday reported last month that Lauer was closing in on a new contract in the $25 million a  year range. Terms of the new deal were not disclosed, but according to the New York Times the $25 million figure was “complete silliness.”

After Meredith Vieira announced that she would be leaving, rumors swirled around Lauer’s future at the program. Ryan Seacrest came up as a potential replacement, spurring on a funny interview earlier this week. Seacrest announced that he would be contributing to NBC’s Olympics coverage, not mentioning any sort of role on “Today.”

Friday morning update: Video of Lauer’s announcement is after the jump.

Visit msnbc.com for breaking news, world news, and news about the economy

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